nLIGHT Revenue

• The company's revenue for 2019 is $176.6 million and has a gross margin of 29.6%.
• While for the first quarter of 2020, nLIGHT's revenue is $43.2 million and has a gross margin of 22.0%.

Growth Plans

• One of the growth plans of nLight is to "move its headquarters from an industrial area north of Vancouver to a 21-acre site in nearby Camas. " The 2-acre site was bought at $12.2 million from Sharp Electronics. This new facility has offices and manufacturing space.

Company News

• As of September 21, 2020, it was reported that nLight has a total market value of $891.84 million. Its stock price has been seen to be ranging from $23.16 to $24.50.
• An August 6, 2020 news article reports that the strong demand from China helped boost nLight's sales for 2020.
• According to nLight's CEO and co-founder Scott Keeney, “adoption of our higher-power fiber lasers continues to grow, both inside and outside of China, and we are encouraged by the early customer response to our fiber laser welding solutions and the long-term potential in this application space.”