LASR

nLIGHT Q2 revenue rose 33.8% to $82.6M and gross margin reached 31.1% as Aerospace & Defense demand continued to drive the business.

nLIGHT's growth accelerated, with revenue rising 33.8% to $82.6M — the highest quarterly revenue in the company's history. Gross margin held at 31.1%, up 1.3 points from a year ago, as Aerospace & Defense sales continued to dominate the mix, while operating cash flow swung to a $20.7M inflow. The company is now consistently profitable on an operating cash flow basis, but new Chinese export declaration rules have emerged as a material risk to its supply chain.