Luna Innovations (LUNA) Reports Q2 Loss of $0.10

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Go back to Luna Innovations (LUNA) Reports Q2 Loss of $0.10

Luna Innovations Incorporated Reports Second Quarter 2015 Financial Results

August 11, 2015 4:30 PM EDT

Adjusted EBITDA of $0.6 million and net loss of $(2.2) million, including non-recurring merger-related expenses of $1.7 million, for the second quarter of 2015, the company's first reporting period following its merger with Advanced Photonix, Inc.

ROANOKE, Va.--(BUSINESS WIRE)-- Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the three months and six months ended June 30, 2015, the company's first reporting period following its merger with Advanced Photonix, Inc. ("API").

The company's adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") was $0.6 million for the second quarter of... More