nLIGHT, Inc. (NASDAQ:LASR) Q3 2023 Earnings Call Transcript

Ruben Roy: Great. Last question for me is sort of more near term and thinking about the guidance, I don’t have my notes in front of me from last quarter unfortunately, but I think you did mention Scott, just sort of the sort of guidelines are on magnitude of what the supply constraints might mean. And I’m wondering if any of that has changed and as you think about, I think you mentioned on today’s call that some of that should start to roll out in terms of growth into ‘24. Should we expect some of that revenue of the supply constrain fee start to show up in Q1, or do you think it’s going to take longer to start to see kind of the revenue that you’ve missed out on to show up into the model?

Scott Keeney: We have Joe take that on the specifics. Joe?

Joe Corso: Yes, Ruben, thanks for the question. Think the biggest issues that we’ve had in this supply chain near-term both in the third quarter in terms of the results and the Q4 guide. We do expect mostly to resolve themselves by the end of the year. There were sort of specific suppliers and components that have presented some challenges for us. We don’t expect that to continue into 2024. So, in those cases, there will be a push, right? I mean, we will still build those products, particularly around the defense products. They’ll just likely be pushed into the very early part of Q1 2024 is what we are planning for and also part of the reason for the kind of flattish guide, right from Q3 to Q4.

Operator: No further questions at this time. I’ll now hand the conference back over to Joseph Corso for any closing remarks.

Joe Corso : Great. Thanks for everyone for joining today and we look forward to speaking with you over the course of the quarter. Have a nice evening.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.