Sunday, June 26, 2022
June 26, 2022

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nLIGHT reports net loss for first quarter of 2022

By , Columbian Innovation Editor

Camas-based nLIGHT, which trades under the symbol LASR, reported a net loss of $8.6 million in its first quarter of 2022, according to its quarterly earnings report.

nLIGHT earned $64.5 million in revenue in the quarter, and the company had expected between $59 million to $67 million.

“Although Aerospace and Defense declined slightly year-over-year, we made excellent technical progress in Directed Energy and we increased our engagement with multiple new potential customers,” said Scott Keeney, nLIGHT’s president and chief executive officer.

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