{"id":4184,"date":"2018-04-20T10:26:16","date_gmt":"2018-04-20T14:26:16","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4184"},"modified":"2018-04-24T09:22:41","modified_gmt":"2018-04-24T13:22:41","slug":"nlight-inc-ipo-preview-lasr","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/nlight-inc-ipo-preview-lasr\/","title":{"rendered":"nLIGHT Inc. #IPO Preview (LASR)"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.24.17-AM.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-4185\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.24.17-AM.png\" alt=\"Screen Shot 2018-04-20 at 10.24.17 AM\" width=\"292\" height=\"69\" \/><\/a><\/p>\n<p>Company: nLIGHT, Inc.<br \/>\nSymbol: LASR<br \/>\nDescription: They are a leading provider of high-power semiconductor and fiber lasers.<br \/>\nTrade Date: 4\/27 (UPDATE: Offering now 4\/26)<br \/>\nShares: 5.4 million<br \/>\nPrice Range: $13.00-$15.00<br \/>\nUnderwriter(s): Stifel, Raymond James<br \/>\nCo-Manager(s): Needham &amp; Co., Canaccord Genuity, D.A. Davidson<br \/>\nTerms Added: 4-16-18<\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1124796\/000104746918002814\/a2235251zs-1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>:\u00a0Their lasers are changing not only the way things are made but also the things that can be made. They design, develop and manufacture the critical elements of their lasers, and they believe their vertically integrated business model enables them to rapidly introduce innovative products, control their costs and protect their intellectual property. In 2017, they sold their products to over 300 customers worldwide in three primary markets: industrial, microfabrication, and aerospace and defense.<\/p>\n<p>Their semiconductor lasers are the industry&#8217;s most brilliant and serve as the core building block of all of their products. Their vertical integration enables them to incorporate their semiconductor lasers into their proprietary fiber lasers and also to sell their semiconductor lasers as standalone solutions. They offer differentiated high-power fiber lasers that provide their customers with significant advantages over legacy fiber lasers in the areas of programmability, serviceability and reliability. By engaging with their customers early in their system design cycle and utilizing their platform-based approach to product design, they are able to offer semiconductor and fiber laser solutions optimized to meet their customers&#8217; requirements.<\/p>\n<p><strong>Financials:\u00a0<\/strong>They generated revenues of $138.6 million and $101.3\u00a0million in 2017 and 2016, respectively, and net income (loss) of $1.8\u00a0million and $(14.2)\u00a0million in 2017 and 2016, respectively.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.25.48-AM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-4186\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.25.48-AM.png\" alt=\"LASR.Financials\" width=\"1079\" height=\"467\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.25.48-AM.png 1079w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.25.48-AM-600x260.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.25.48-AM-300x130.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/04\/Screen-Shot-2018-04-20-at-10.25.48-AM-1024x443.png 1024w\" sizes=\"(max-width: 1079px) 100vw, 1079px\" \/><\/a><\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here&#8217;s a<a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=3655\"> 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique&#8217;s service.<\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: nLIGHT, Inc. Symbol: LASR Description: They are a leading provider of high-power semiconductor and fiber lasers. Trade Date: 4\/27 (UPDATE: Offering now 4\/26) Shares: 5.4 million Price Range: $13.00-$15.00 Underwriter(s): Stifel, Raymond James Co-Manager(s): Needham &amp; Co., Canaccord Genuity, D.A. Davidson Terms Added: 4-16-18 Link to S-1\/A Prospectus Link to Retail Roadshow Business:\u00a0Their lasers[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[],"class_list":["post-4184","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=4184"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4184\/revisions"}],"predecessor-version":[{"id":4206,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4184\/revisions\/4206"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}