Luna Innovations

Luna Innovations, Inc. engages as an advanced optical technology company. The firm provides high performance fiber optic test, measurement and control products for the telecommunications and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, energy, oil and gas, security and infrastructure. Its distributed fiber optic sensing products help designers and manufacturers more efficiently develop new and innovative products by measuring stress, strain, and temperature at a high resolution for new designs or manufacturing processes. The company was founded by Kent A. Murphy in July 1990 and is headquartered in Roanoke, VA.

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Earnings data Q3 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Luna Innovations excels in 2022, eyes federal projects for growth

Luna Innovations had a robust 2022 marked by strategic acquisitions, strong revenue growth, and a focus on innovation in sensing and communications testing verticals.
While facing supply chain challenges and higher operating expenses, Luna's emphasis on R&D, cross-selling, and monitoring capabilities positions them for continued success and market expansion.
With a clear roadmap for growth, including potential upside from inventory increase, Luna is poised for sustained organic and inorganic growth, supported by a strong pipeline and key partnerships.

Luna Innovations reports strong Q1 growth, eyes long-term partnerships

Luna Innovations (LUNA) reported solid Q1 2023 performance with revenue growth, strong gross margin, and reaffirmed outlook. The company's focus on fiber optic sensing and strategic partnerships like Northrop Grumman positions it for future success.
While facing challenges like operating losses and limited cash reserves, Luna Innovations has opportunities in market expansion, long-term projects, and investor engagement. Managing costs and ensuring delivery commitments will be key to overcoming challenges and seizing opportunities.
Investors should take note of Luna Innovations' financial stability, growth prospects in key markets, and upcoming strategic plans. The company's performance in Q1 and outlook for 2023 indicate a resilient business model with potential for sustained growth and profitability.

Luna Innovations reports robust Q2 earnings, eyes growth in energy sector

Luna Innovations delivered solid financial performance in Q2 2023, driven by strong growth in the sensing business and strategic investments in Europe.
While facing challenges in gross margin due to manufacturing optimizations, the company is poised for growth with opportunities in the energy sector and infrastructure projects.
By reaffirming annual guidance, pursuing new funding avenues, and diversifying revenue streams, Luna Innovations demonstrates resilience and strategic foresight.

Luna Innovations reports 5% revenue growth in Q3 2023

Luna Innovations delivered solid Q3 results with revenue growth, operational enhancements, and strong cash position, despite challenges in certain business segments and supply chain disruptions.
Record sales of sensing products and wins in fiber optic contracts underscore market demand and product competitiveness, while the new CFO appointment strengthens financial leadership capabilities.
The company's revised revenue guidance, focus on project timelines, and opportunities for growth in diverse sectors position Luna Innovations for continued performance and strategic advancement.

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Luna Innovations Incorporated (NASDAQ:LUNA ) Q1 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants Allison Woody - Senior Director of Administration Scott Graeff - President and Chief Executive Officer Eugene Nestro - Chief Financial Officer Brian Soller - Chief Technology Officer Conference Call Participants Alex Henderson - Needham & Company Paul Essi - William K. Woodruff & Co. Dave Kang - B.

Luna Innovations Incorporated (LUNA) Q1 2023 Earnings Call Transcript

ROANOKE, Va.--(BUSINESS WIRE)-- #EARNINGS--Luna reports strong Q1 2023 earnings results and reaffirms 2023 guidance.

Luna Innovations Reports Strong First-Quarter 2023 Results

Roanoke, VA, April 28, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its first-quarter financial results for the period ended March 31, 2023, before the open of the stock market on Tuesday, May 9, 2023. Following the release, Scott Graeff, President and Chief Executive Officer; Gene Nestro, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 8:00 a.m. Eastern to discuss the first-quarter 2023 earnings results.

Luna Announces First-Quarter 2023 Financial Release Date of May 9, 2023

ROANOKE, Va.--(BUSINESS WIRE)-- #AnalystDay--Luna to host its first Investor Day on Wednesday, May 24, 2023 beginning at 9:30 a.m. at The Yale Club of New York City.

Luna Innovations Announces Upcoming Investor Day

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations (NASDAQ: LUNA), a global leader in advanced optical technology, was recently awarded a contract for industrial battery storage monitoring for a leading European manufacturer of electric vehicle batteries. Through a local integration partner, Luna will provide critical, real-time temperature monitoring during the production and storage of lithium batteries at the end-user's manufacturing facilities in France.

Luna Innovations Wins Contract for Industrial Battery Storage Monitoring

LUNA recently announced its FY22 and Q4 FY22 results. The technical chart of LUNA appears unsteady, indicating further decline.

Luna Innovations: The Financials Looks Steady

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Luna Innovations Incorporated (NASDAQ:LUNA ) Q4 2022 Earnings Conference Call March 14, 2023 5:00 PM ET Company Participants Allison Woody - Director of Administration Scott Graeff - President and Chief Executive Officer Gene Nestro - Chief Financial Officer Brian Soller - Chief Technology Officer Conference Call Participants Jim Marrone - Singular Research Alexander Henderson - Needham & Company, LLC Paul Essi - William K. Woodruff & Co. David Kang - B.

Luna Innovations Incorporated (LUNA) Q4 2022 Earnings Call Transcript

ROANOKE, Va.--(BUSINESS WIRE)-- #EARNINGS--Luna announces strong financial results for the fourth-quarter and full-year 2022.

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

ROANOKE, Va.--(BUSINESS WIRE)-- #CLEANENERGY--Luna announces partnership with Dominion Energy to provide monitoring services for the largest offshore wind project in the U.S.

Luna Innovations Partners to Deliver Clean Energy from Largest Offshore Wind Project in the U.S.

Roanoke, VA, Feb. 21, 2023 (GLOBE NEWSWIRE) -- ROANOKE, V A , February 2 1 , 20 2 3 -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its fourth-quarter and full-year financial results for the period ended December 31, 2022, after the close of the stock market on Tuesday, March 14, 2023.   Following the release, Scott Graeff, President and Chief Executive Officer; Gene Nestro, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 5:00 p.m. Eastern to discuss the fourth-quarter and full year 2022 earnings results and provide a business update.

Luna Announces Fourth-Quarter and Full-Year 2022 Financial Release Date of March 14, 2023

Luna Innovations Incorporated (LUNA) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Recent Price Trend in Luna Innovations Incorporated (LUNA) is Your Friend, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, Luna Innovations Incorporated (LUNA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Luna Innovations Incorporated (LUNA) Is a Great Choice for 'Trend' Investors, Here's Why

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ROANOKE, Va.--( BUSINESS WIRE )--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that company executives will participate in the 25th Annual Needham Growth Conference in New York City, New York. Scott Graeff, President and CEO, and Brian Soller, CTO and EVP, Corporate Development, will present on Wednesday, January 11, 2023, at 9:30 a.m. ET. A webcast of the presentation will be posted on the investor relations section of Luna's website at http://ir.lunainc.com/ and can be accessed at https://wsw.com/webcast/needham128/luna/2256336. A replay of the presentation will be available following the event. Management will also conduct meetings with investors throughout the conference. To arrange a meeting, please contact conferences@needhamco.com.

Luna to Present at Needham Growth Conference

Luna Innovations Incorporated (LUNA) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Here's Why Momentum in Luna Innovations Incorporated (LUNA) Should Keep going

ROANOKE, Va.--( BUSINESS WIRE )--Luna Innovations (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, was recently awarded a contract with PT Freeport Indonesia, an affiliate of Freeport-McMoRan, and one of the world's leading gold and copper mining companies, to provide an early-warning monitoring system for the West and East levees between the Otomona and Aikwa rivers in West Papua, Indonesia.

Luna Wins Major Contract for Levee Monitoring

ROANOKE, Va.--( BUSINESS WIRE )--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that it has extended its existing relationship with Northrop Grumman by securing a new multi-year, multi-million-dollar agreement. The agreement includes an initial receipt of an over $3 million incremental, multi-unit purchase order for the OBR 6200 portable backscatter reflectometer.

Luna Secures Multi-Year Agreement with Northrop Grumman

ROANOKE, Va.--( BUSINESS WIRE )--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 17th Annual Singular Research Best of the Uncovered Investor Conference on Thursday, December 8, 2022, in San Francisco, California. The presentation is scheduled for 8:30 a.m. PT.

Luna to Present at Singular Research's Best of the Uncovered Investor Conference on December 8, 2022

ROANOKE, Va.--( BUSINESS WIRE )--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will participate in the 14th Annual Southwest IDEAS Conference on Wednesday, November 16, 2022, at the Westin Dallas Downtown in Dallas, TX. The company's presentation is scheduled to begin at 12:45 p.m. CT. The presentation will be webcast and may be accessed through the conference host's main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's website: http://ir.lunainc.com/. Management also will be participating in one-on-one meetings.

Luna Innovations to Present at the Southwest IDEAS Investor Conference

Luna Innovations Incorporated (NASDAQ:LUNA ) Q3 2022 Results Conference Call November 10, 2022 5:00 PM ET Company Participants Allison Woody - Director of Administration Scott Graeff - President and Chief Executive Officer Gene Nestro - Chief Financial Officer Brian Soller - Chief Operating Officer Conference Call Participants Alex Henderson - Needham & Company Chris Sakai - Singular Research Dave Kang - B. Riley FBR Operator Good afternoon and welcome to the Q3 2022 Luna Innovations Incorporated Earnings Conference Call.

Luna Innovations Incorporated (LUNA) Q3 2022 Earnings Call Transcript

Luna Innovations Incorporated (LUNA) delivered earnings and revenue surprises of 50% and 0.01%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Luna Innovations Incorporated (LUNA) Q3 Earnings and Revenues Top Estimates

ROANOKE, Va.--( BUSINESS WIRE )--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced optical technology, today announced its financial results for the three and nine months ended September 30, 2022.

Luna Innovations Reports Strong Third-Quarter 2022 Results

Roanoke, VA, Oct. 27, 2022 (GLOBE NEWSWIRE) -- ROANOKE, VA, October 27, 2022 -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third-quarter financial results for the period ended September 30, 2022, after the close of the stock market on Thursday, November 10, 2022.  Following the release, Scott Graeff, President and Chief Executive Officer; Gene Nestro, Chief Financial Officer; and Brian Soller, Chief Technology Officer will host a conference call at 5:00 p.m. Eastern to discuss the financial results and provide a business update.

News for Luna Innovations Stock (LUNA)