nLight | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 61.74 M

Revenue: As of FY2025 Q2, the actual value is USD 61.74 M, beating the estimate of USD 55.24 M.

EPS: As of FY2025 Q2, the actual value is USD -0.07, beating the estimate of USD -0.2267.

EBIT: As of FY2025 Q2, the actual value is USD -3.574 M.

Segment Revenue

• Laser Products: Revenue for the three months ended June 30, 2025 was $40,824,000, an increase from $34,458,000 in the same period in 2024. For the six months ended June 30, 2025, revenue was $76,502,000, up from $63,828,000 in 2024.
• Advanced Development: Revenue for the three months ended June 30, 2025 was $20,911,000, an increase from $16,053,000 in the same period in 2024. For the six months ended June 30, 2025, revenue was $36,901,000, up from $31,210,000 in 2024.

Operational Metrics

• Net Loss: For the three months ended June 30, 2025, net loss was $3,591,000, compared to $11,729,000 in the same period in 2024. For the six months ended June 30, 2025, net loss was $11,684,000, compared to $25,495,000 in 2024.
• Gross Margin: Laser Products segment gross margin for the three months ended June 30, 2025 was 40.0%, up from 32.2% in the same period in 2024. Advanced Development segment gross margin for the same period was 13.1%, up from 8.7% in 2024.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities for the six months ended June 30, 2025 was - $1,405,000, compared to net cash provided by operating activities of $7,145,000 in 2024.
• Free Cash Flow: Not explicitly stated, but net cash used in investing activities was - $4,383,000 for the six months ended June 30, 2025.

Unique Metrics

• Interest Income: Increased to $2,796,000 for the six months ended June 30, 2025, from $954,000 in 2024.
• Interest Expense: Increased to $436,000 for the six months ended June 30, 2025, from $40,000 in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue investing in research and development to achieve its technology and product roadmap, focusing on sectors where its products provide significant benefits to customers.
• Non-Core Business: No specific plans related to divestitures or emerging segments were mentioned.

Priority

• The company emphasizes the importance of maintaining its competitive edge through continued investment in technology and product development, particularly in the Aerospace and Defense market.