<span item_type="fundamental" item_id="e3718b6e84a9d0c15035e3707fbc3600" counter_id="ST/US/LASR" env="prod"></span><span item_type="announcement" item_id="547208699824705025" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 61.74 M, beating the estimate of USD 55.24 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD -0.07, beating the estimate of USD -0.2267.</p><p>EBIT: As of FY2025 Q2, the actual value is USD -3.574 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Laser Products</strong>: 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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li><li><strong>Advanced Development</strong>: 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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: 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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li><li><strong>Gross Margin</strong>: 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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: 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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li><li><strong>Free Cash Flow</strong>: Not explicitly stated, but net cash used in investing activities was - $4,383,000 for the six months ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest Income</strong>: Increased to $2,796,000 for the six months ended June 30, 2025, from $954,000 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li><li><strong>Interest Expense</strong>: Increased to $436,000 for the six months ended June 30, 2025, from $40,000 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: 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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li><li><strong>Non-Core Business</strong>: No specific plans related to divestitures or emerging segments were mentioned.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li></ul><h3>Priority</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1124796/000112479625000120/lasr-20250630.htm"></span></li></ul>

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