nLIGHT, Inc. Announces Fourth Quarter and Full Year 2024 Results
1. nLIGHT's defense revenue increased 20% to $110 million in 2024. 2. Defense sales now comprise 55% of total revenue, indicating strong market growth.
1. nLIGHT's defense revenue increased 20% to $110 million in 2024. 2. Defense sales now comprise 55% of total revenue, indicating strong market growth.
The significant growth in defense revenue indicates a strong demand in key markets leading to potential stock price appreciation. Historically, similar growth rates in specific segments have positively influenced tech stock values.
The robust performance in the defense market signifies future growth potential, crucial for LASR investors.
Sustained growth in the defense sector can lead to long-term profitability, attracting more investors over time.