Camas-based nLIGHT fell short of its fourth-quarter revenue goals at the end of last year.
The laser technology company said Tuesday it expects to report in its earnings statement next month that it brought in about $46 million to $48 million in the fourth quarter of 2024 — millions less than hoped.
The company aimed to bring in about $49 million to $54 million in revenue that quarter.
Scott Keeney, nLIGHT president and CEO, said in a news release Tuesday that despite the continued challenges in the commercial market, he’s optimistic about the company overall, especially in aerospace and defense.
“We enter the year with good visibility across multiple programs in both directed energy and laser sensing, and we remain well-positioned for near- and long-term growth in aerospace and defense,” Keeney said.