Shares of nLIGHT fall after revenue decline
- nLIGHT shares drop 13% following 4Q revenue miss
- Shares down 13% to $11.99
- Fourth-quarter loss of $13.2 million
- Revenue declined 8.4% to $51.9 million
Shares of nLIGHT fell 13% to $11.99 following a fourth-quarter revenue miss. The company reported a loss of $13.2 million, compared to a loss of $22.7 million in the same period last year. Revenue declined by 8.4% to $51.9 million. Despite the decline, CEO Scott Keeney remains optimistic about the company’s long-term growth prospects.
Factuality Level: 8
Factuality Justification: The article provides factual information about nLIGHT’s decline in revenue, stock performance, quarterly loss, and revenue decline. It includes a quote from the company’s CEO. The article does not contain any irrelevant information, misleading details, sensationalism, redundancy, or opinion masquerading as fact.
Noise Level: 3
Noise Justification: The article provides relevant information about nLIGHT’s financial performance, including a decline in revenue and the company’s fourth-quarter loss. It also includes a quote from the Chief Executive regarding their strategic initiatives. However, the article lacks in-depth analysis, antifragility considerations, and accountability of the company’s decisions.
Financial Relevance: Yes
Financial Markets Impacted: Shares of nLIGHT
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses the decline in revenue and shares of nLIGHT. However, there is no mention of an extreme event or its impact.
Public Companies: nLIGHT (n/a)
Key People: Scott Keeney (Chief Executive)
www.marketwatch.com 
