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of our applications, products remain of defense, facilities variety a open. and of medical-end all industrial As and technologies essential manufacturing and critical a provider to aerospace
safety We based guidelines of to federal implemented procedures at have local each and facilities the upon our our protect employees. government of wellbeing
and want gratitude appreciation employees difficult for these effort nLIGHT put sustain I an who express my our operations to all to extra through deep times.
deliver that continue development And differentiated positioned are in to to over the remain long term. we the our of significant technology. our in we invest growth belief We steadfast
industrial China. particularly In applications, geographies of in high-power lasers underpenetrated, remain outside
complex Additionally, the ability in global work with dynamics manufacturing manner. key drivers increasingly require Both for automated future parts to these adoption. laser operations an are
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and undertaken we number of over cash QX. net have We of the later. a our are cash will management cash in being strong end time, the same balance $XXX actions, sheet a proactive managing million at have discuss of with which At we Ran
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business Beginning by on the the Like been activity of review earnings at post We the first witnessed globe. of operations shutdown Slide when performance of this our restart unprecedented February have slower a our will organizations, facility we New had Chinese X presentation, disruption during operations in Shanghai, impacted our many quarter. highlights nLIGHT’s and I first of in China, around Year.
impact We have disrupted and across ultimate customers uncertainty been of and the supply partners virus. by shutdowns government-mandated chains globe our also end-demand have the of and the the around seen as impact
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demand commercial holding here end-markets across of we up today, the As serve. we is most sit
and expect continue to order Our year strong defense, grow contribution progresses. book in aerospace Nutronics is from to as the we the and
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to this appears is helping Spending our in be end-market accelerating China QX. microfabrication and for outlook area the in in
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to X to Turning across Slide are geographies, higher our sales power. laser shifting fiber
the X-kilowatt fiber this accounted year-over-year. in in sales, nearly our our Sales XX% for laser compares doubled above QX, approximately sales category in laser which to period During and of XXXX. comparable total XX% fiber
reliable product power differentiated levels our drive higher road highly provide support to with customers and to map solutions. continue We
technology. our well-being our at Moving to programmability Key in geographic while is success our We penetration variability strong increasing offerings this in quarterly in and Slide accounts to our anticipate with interest X, split industrial see target providing to engagement non-Chinese growing in business. continue differentiated of customer have the solutions, we customers revenues. we
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gratitude all our extraordinary support extend efforts nLIGHT and our helped of we our like a this word operations through and has would times. I able employees The during their to dedication are ensure these conclusion, customers employees sustain of of In partners to crisis. challenging to all for
investments position on forward, benefit us continue secular to and our and adoption we As our that of long-term the financial to driving across product innovation high-power footing, portfolio. from business to we look we on is see in investments These continue nLIGHT make strong driving trends focus lasers.
turn over and outlook to quarter. the around now QX detail the second to financial Ran for call performance, will our more provide I
