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nLight (NASDAQ:LASR) reported what management called an “exceptional” first quarter of 2026, with revenue, margins, and profitability coming in ahead of internal expectations as aerospace and defense demand remained the primary growth driver. Chairman and CEO Scott Keeney said Q1 results “comfortab
Moby summary of nLIGHT, Inc.'s Q1 2026 earnings call
nLight (LASR) delivered earnings and revenue surprises of +158.07% and +12.61%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Scott H. Keeney: Q1 represented an exceptional quarter for nLIGHT, Inc. with total revenue, gross margin, and adjusted EBITDA comfortably beating our expectations. Product gross margins were a record 44%, an increase from 33% in the same quarter a year ago, and our adjusted EBITDA was a record $14 million in the quarter. The expansion in our gross margins and the record adjusted EBITDA demonstrate the leverage that is inherent in our model and reinforces our commitment to growing the business profitably.