Luna Innovations Incorporated Reports Third Quarter and First Nine Months of 2017 Financial Results
Net income from continuing operations improved to $0.5 million for the three months ended September 30, 2017 compared to a net loss from continuing operations of $(0.4) million for the three months ended September 30, 2016. Cash and cash equivalents were $38.5 million at September 30, 2017. (ROANOKE, VA, November 13, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the three and…Read More
Luna Announces Third Quarter Financial Release Date of November 13, 2017
ROANOKE, Va., November 6, 2017 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third quarter financial results for the period ended September 30, 2017, in a conference call with investors. Scott Graeff, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Monday, November 13, 2017, at 5:00 p.m. (EST). The investor conference call will be…Read More
Scott A. Graeff Named President and CEO of Luna Innovations
(ROANOKE, Va., October 23, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA), today announced that its board of directors has appointed Scott Graeff as the company’s president and chief executive officer effective immediately. Graeff, who has been serving as chief strategy officer, treasurer and secretary, replaces My Chung, who has retired from the company. Graeff will also join the board of directors. Graeff joined Luna in…Read More
Luna Innovations Incorporated Announces Stock Repurchase Program
ROANOKE, VA, (September 20, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced that its Board of Directors has reinstituted the Company’s stock repurchase program and authorized the repurchase of up to $2.0 million of Luna’s common stock. Luna’s prior stock repurchase program expired on May 31, 2017. “Reflecting our continuing commitment to building shareholder value, this new stock repurchase program provides us with additional…Read More
Luna Innovations Incorporated Reports Second Quarter and First Half of 2017 Financial Results
Net loss improved to $(0.2) million for the three months ended June 30, 2017 compared to $(0.8) million for the three months ended June 30, 2016. Adjusted EBITDA improved to $0.8 million for the three months ended June 30, 2017 compared to $0.4 million for the three months ended June 30, 2016. (ROANOKE, VA, August 10, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its…Read More
Luna Announces Sale of High-Speed Optical Receivers Technology
MACOM buys assets and technology for HSOR business for $33.5 million; Luna to retain Terahertz technology ROANOKE, VA, (August 9, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the aerospace, automotive, energy, defense, and telecommunications markets, today announced that MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) has agreed to buy the assets and operations related to its high-speed optical…Read More
Luna Announces Second Quarter Financial Release Date of August 10, 2017
ROANOKE, Va., August 7, 2017 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its second quarter financial results for the period ended June 30, 2017, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Thursday, August 10, 2017, at 11:30 a.m. (EDT). The investor conference call will be…Read More
Luna Innovations Incorporated Reports First Quarter 2017 Financial Results
Net loss improved to $(1.4) million for the three months ended March 31, 2017 compared to $(1.5) million for the three months ended March 31, 2016 (ROANOKE, VA, May 11, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the three months ended March 31, 2017. For the three months ended March 31, 2017, Luna reported revenues of $13.1 million and a…Read More
Luna Announces First Quarter Financial Release Date of May 11, 2017
ROANOKE, Va., May 4, 2017 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its first quarter financial results for the period ended March 31, 2017, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Thursday, May 11, 2017, at 5:00 p.m. (EDT). The investor conference call will be…Read More
Luna Innovations Incorporated Reports Fourth Quarter and Full Year 2016 Financial Results
Pre-tax income from continuing operations of $0.3 million for the fourth quarter of 2016 versus pre-tax loss from continuing operations of $(0.9) million for the fourth quarter of 2015 Adjusted EBITDA of $1.6 million for the fourth quarter of 2016 versus $0.4 million for the fourth quarter of 2015 Pre-tax loss from continuing operations of $(2.3) million for the full year 2016 versus $(6.5) million…Read More
