Overview

* nLIGHT Q2 revenue rises 22.2% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 beats estimates

* Co raises 2025 aerospace and defense growth outlook to at least 40%

Outlook

* nLIGHT expects Q3 2025 revenue between $62 mln and $67 mln

* Company anticipates Q3 2025 gross margin of 24% to 30%

* nLIGHT projects Q3 2025 Adjusted EBITDA between $2.0 mln and $6.0 mln

* Company raises 2025 aerospace and defense growth outlook to at least 40%

Result Drivers

* AEROSPACE & DEFENSE - Record revenue in aerospace and defense sector drove Q2 upside

* DIRECTED ENERGY DEMAND - Increased demand for directed energy products boosted revenue, per CEO Scott Keeney

* LASER SENSING SOLUTIONS - Strong demand for laser sensing solutions contributed to better visibility for H2 2025

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $61.74 $55.20

Revenue mln mln (7

Analysts

)

Q2 Net -$3.59

Income mln

Q2 Beat $5.55 -$1.52

Adjusted mln mln (4

EBITDA Analysts

)

Q2 Gross 29.9%

Margin

Q2 Gross $18.46

Profit mln

Q2 -6.8%

Operatin

g Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the semiconductors peer group is "buy"

* Wall Street's median 12-month price target for nLIGHT Inc ( LASR ) is $16.50, about 19.2% below its August 6 closing price of $19.67

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)