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NUBURU reports Q1 revenue of $0.47m
What happened
NUBURU reported Q1 2023 revenue of $0.47 million, a significant increase from $0.09 million a year ago, driven by the launch and order intake for its new BL Series industrial laser. The company is a niche manufacturer of blue laser technology for industrial applications. Neutral: This minor financial update from a small-cap, non-publicly-traded component manufacturer has no direct, immediate impact on broader semiconductor supply, demand, or pricing.
Impact and signal
Low impactImpact score: 5/100
Affected components and suppliers
Industrial Lasers
NUBURU Inc
earningsproduct-launch
Source and time
Source: Semiconductor Today · 5/12/2023 · View original source
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