Luna Innovations to Delay Release of Fourth Quarter and Full Year 2023 Financial Results
Luna Innovations will delay the release of its fourth quarter and fiscal year 2023 financial results.
A Special Committee of the Company’s Board of Directors is conducting an independent review, with the assistance of external legal and financial advisors, of certain transactions for which revenue was recognized in the second and third quarters of 2023 that did not qualify for revenue recognition under U.S. generally accepted accounting principles.