nLIGHT (LASR) Q2 FY26 earnings call

nLIGHT delivered a strong second quarter with record revenue and cash generation, driven by robust demand in defense and advanced manufacturing. The company secured a significant Joint Laser Weapon System contract, bolstering its long-term defense outlook. However, Q3 guidance reflects new supply chain challenges, primarily impacting commercial product shipments due to increased scrutiny on dual-use components from China, creating near-term uncertainty.