Nuburu reports Q3 EPS (14c) vs. (71c) last year

Reports Q3 revenue $0.2M vs. $0.9M last year. The company said, “Our third-quarter results reflect supply chain restrictions mostly in-line with our expectations entering the second half of 2023. During Q3, we however faced additional headwinds from the integration of our systems into customer applications and subsequently experienced delays in the shipment of our products. I’m confident that the solutions we have developed will not only enhance our BL-250 product offering but also streamline the manufacturing process to improve the application and integration of our technologies within their respective end-markets going forward. With the anticipation of a rebound in deliveries of our laser systems during the fourth quarter of 2023, we have adjusted our full year 2023 outlook accordingly and are eagerly awaiting the positive impact of our technological improvements.”