Luna Innovations (LUNA) Reports Q4 Loss of $0.15/Share

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Luna Innovations Incorporated Reports Fourth Quarter and Full Year 2014 Financial Results

March 12, 2015 4:30 PM EDT

Fourth quarter products and licensing revenue increased 60% compared to prior year quarter

ROANOKE, Va.--(BUSINESS WIRE)-- Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the fourth quarter and year ended December 31, 2014.

Total revenue for the quarter was $6.2 million, up 32% compared to prior year quarter Product and licensing revenue for the quarter was $2.9 million, up 60% compared to prior year quarter Gross profit for the quarter was $2.2 million, up 52% compared to prior year quarter... More