Luna Innovations (LUNA) Misses Q4 EPS by 1c, Offers Guidance

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Luna Innovations Reports Strong Fourth-Quarter and Full-Year 2022 Results

March 14, 2023 4:05 PM EDT

Provides 2023 Guidance

Q4 Financial Highlights

Revenues of $31.7 million, up 31% year over year Revenues in constant currency of $32.5 million; up 34% year over year Gross margin of 61%, compared to 58% for the prior year Net income of $0.9 million, compared to net income of $1.6 million for the prior year Adjusted EBITDA of $4.7 million, compared to $3.1 million for the prior year Adjusted EPS of $0.08, compared to $0.08 for the prior year

Full-Year Financial... More