nLight Shares Surge to Record High on Strong Quarterly Performance

nLight has transformed into one of the market’s standout performers, with its share price skyrocketing over 200% in the past twelve months. This remarkable ascent is not built on speculative promises but is firmly grounded in robust quarterly results and a strategic focus on a rapidly expanding market. The laser technology specialist is not only celebrating a new all-time high but is also fueling investor optimism with an unexpected return to profitability.

A significant driver of the company’s success is its Aerospace & Defense division, which reported record revenue of $40.7 million. This figure represents a substantial 49% year-over-year increase and now accounts for two-thirds of nLight’s total business. The division’s performance was a major contributor to the... Read more...