nLIGHT is trading 19.90% down at $60.27 after investors focused on weaker third-quarter guidance following the August 6 earnings release.
- Record Q2 revenue reached $82.6 million, beating estimates.
- Management forecast Q3 revenue of $63 million–$73 million, with approximately $17 million of product shipments delayed by supply-chain challenges linked to China scrutiny of dual-use products.
- Q3 adjusted EBITDA guidance fell to $1 million–$7 million.