NLIGHT INC DL-,0001

nLIGHT reported a non-GAAP earnings per share of $0.15 on revenue of $82.6 million for Q2, beating consensus estimates. The stock fell about 15% after hours after management disclosed supply delays in China of roughly $17 million and issued a much weaker Q3 outlook (revenue $63–73 million, adjusted EBITDA $1–7 million, gross margin 24–30%). The company continues to highlight strong growth in its aerospace and defense segment and expects the JLWS contract to drive increased revenue going forward. » More on de.investing.com

nLIGHT won a Joint Laser Weapon System (JLWS) agreement from the US Department of Defense with an initial $44 million award and a potential ceiling of $627 million to develop, integrate and produce high-energy directed-energy laser platforms. The program targets modular 150 kW systems scaling to 300–500 kW for land and maritime deployment, aiming for operational deployments by 2028. The contract uses Other Transaction Authority to accelerate prototyping and transition to large-scale production; nLIGHT will supply its beam-combination and atmospheric correction technologies. » More on finance.yahoo.com

nLight positions itself as a pure-play specialist in high-power lasers for directed-energy weapons and is benefiting from rising demand in defense applications. Analysts highlight the growth potential and see upside to the record high, supported by technological differentiation and market-share opportunities. » More on finanzen.net