nLIGHT(LASR) ZACKS·2024-11-08 00:20Core Viewpoint - nLight reported a quarterly loss of 0.10 per share a year ago [1] - The company achieved revenues of 50.63 million year-over-year [2] Financial Performance - nLight has surpassed consensus EPS estimates three out of the last four quarters, with a surprise of 16.67% in the previous quarter [1] - The company has also topped consensus revenue estimates four times over the last four quarters [2] Market Performance - nLight shares have increased approximately 4.2% since the beginning of the year, while the S&P 500 has gained 24.3% [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at -0.42 for the current fiscal year [4][7] - The estimate revisions trend for nLight is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Electronics - Semiconductors industry, to which nLight belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting potential challenges ahead [8] - QuickLogic, another company in the same industry, is expected to report a quarterly loss of $0.05 per share, reflecting a significant year-over-year decline [9]