AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

LASR · NASDAQ · Semiconductors

nLIGHT (LASR)

Builds high-power lasers and beam-control systems for defense, sensing, and advanced manufacturing.

$41.22

After hours+0.01 (+0.02%)

At close$41.21(+2.54%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	51	52	45	51	56	47	52	62	67	81	80	83
Cost of revenue	41	42	37	39	44	46	38	43	46	56	54	57
Gross profit	10	10	7	12	13	1	14	18	21	25	27	26
	22	24	22	25	24	28	23	23	28	30	27	29
Research & development	11	12	11	12	11	11	11	11	12	14	12	13
Selling, general & administrative	12	11	12	13	13	12	12	12	15	16	15	16
Other expenses	0	1	0	0	0	4	0	0	2	1	0	0
Operating income	−13	−14	−15	−13	−12	−26	−10	−4	−7	−5	0	−4
	1	1	1	1	2	1	2	1	1	1	1	2
Interest income	0	0	0	0	0	0	2	1	1	1	2	2
Interest expense	0	0	0	0	0	0	0	0	1	0	0	0
Other non-operating income	0	−1	−1	−1	−2	−4	−2	−1	−2	−1	−1	−3
Income before tax	−12	−13	−14	−12	−10	−26	−8	−4	−7	−5	1	−1
Income tax expense	0	0	0	0	0	−1	0	0	0	0	0	0
Net income from continuing operations	−12	−13	−14	−12	−10	−25	−8	−4	−7	−5	1	−1
Net income	−12	−13	−14	−12	−10	−25	−8	−4	−7	−5	1	−1
EPS, basic	−$0.26	−$0.28	−$0.29	−$0.25	−$0.21	−$0.52	−$0.16	−$0.07	−$0.14	−$0.10	$0.01	−$0.02
EPS, diluted	−$0.26	−$0.28	−$0.29	−$0.25	−$0.21	−$0.52	−$0.16	−$0.07	−$0.14	−$0.10	$0.01	−$0.02
Weighted average shares, basic	46	47	47	48	48	48	49	50	50	51	54	57
Weighted average shares, diluted	46	47	47	48	48	48	49	50	50	51	60	57
EBITDA	−9	−9	−9	−8	−6	−17	−4	0	−2	−1	4	7
Depreciation & amortization	4	4	4	4	4	5	4	3	3	4	3	8
EBIT	−13	−14	−14	−12	−10	−22	−8	−3	−5	−4	1	−1