Luna Innovations Incorporated Announces Stock Repurchase Program

ROANOKE, VA, (September 20, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced that its Board of Directors has reinstituted the Company’s stock repurchase program and authorized the repurchase of up to $2.0 million of Luna’s common stock.  Luna’s prior stock repurchase program expired on May 31, 2017. “Reflecting our continuing commitment to building shareholder value, this new stock repurchase program provides us with additional…Read More

Luna Innovations Incorporated Reports Second Quarter and First Half of 2017 Financial Results

Net loss improved to $(0.2) million for the three months ended June 30, 2017 compared to $(0.8) million for the three months ended June 30, 2016.  Adjusted EBITDA improved to $0.8 million for the three months ended June 30, 2017 compared to $0.4 million for the three months ended June 30, 2016. (ROANOKE, VA, August 10, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its…Read More

Luna Announces Sale of High-Speed Optical Receivers Technology

MACOM buys assets and technology for HSOR business for $33.5 million; Luna to retain Terahertz technology ROANOKE, VA, (August 9, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures new-generation products for the aerospace, automotive, energy, defense, and telecommunications markets, today announced that MACOM Technology Solutions Holdings, Inc.  (NASDAQ: MTSI) has agreed to buy the assets and operations related to its high-speed optical…Read More

Luna Announces Second Quarter Financial Release Date of August 10, 2017

ROANOKE, Va., August 7, 2017 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its second quarter financial results for the period ended June  30, 2017, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Thursday, August 10, 2017, at 11:30 a.m. (EDT). The investor conference call will be…Read More

Luna Innovations Incorporated Reports First Quarter 2017 Financial Results

Net loss improved to $(1.4) million for the three months ended March 31, 2017 compared to $(1.5) million for the three months ended March 31, 2016  (ROANOKE, VA, May 11, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced its financial results for the three months ended March 31, 2017. For the three months ended March 31, 2017, Luna reported revenues of $13.1 million and a…Read More

Luna Announces First Quarter Financial Release Date of May 11, 2017

ROANOKE, Va., May 4, 2017 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its first quarter financial results for the period ended March  31, 2017, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Thursday, May 11, 2017, at 5:00 p.m. (EDT). The investor conference call will be…Read More

Luna Innovations Incorporated Reports Fourth Quarter and Full Year 2016 Financial Results

Pre-tax income from continuing operations of $0.3 million for the fourth quarter of 2016 versus pre-tax loss from continuing operations of $(0.9) million for the fourth quarter of 2015 Adjusted EBITDA of $1.6 million for the fourth quarter of 2016 versus $0.4 million for the fourth quarter of 2015 Pre-tax loss from continuing operations of $(2.3) million for the full year 2016 versus $(6.5) million…Read More

Picometrix® Division of Luna Continues 100G Telecom Success

Enhances Relationship with Key Customer (ROANOKE, VA, March 13, 2017) – Luna Innovations Incorporated (NASDAQ: LUNA) today announced that its Picometrix® division has entered into a Vendor Managed Inventory (“VMI”) Agreement with a leading China provider of telecommunications equipment and network solutions.  This agreement will integrate Picometrix more closely into the customer’s supply chain and manufacturing processes. Under the agreement, Picometrix will maintain in Hong…Read More

Luna Announces Fourth Quarter 2016 and Year-End Financial Release Date of March 16, 2017

ROANOKE, Va., March 9, 2017 — Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its fourth quarter and full year financial results for the period ended December  31, 2016, in a conference call with investors. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will host the call on Thursday, March 16, 2017, at 5:00 p.m. (EDT). The investor conference…Read More

Luna to Present at the 9th Annual LD Micro Main Event

LOS ANGELES, CA / ACCESSWIRE / November 28, 2016 / Luna Innovations Incorporated (LUNA), announced today that it will be presenting at the 9th annual LD Micro Main Event on Wednesday, December 7th at 11:30 AM PST / 2:30 PM EST at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. My Chung, president and chief executive officer, and Dale Messick, chief financial officer, will be presenting, as…Read More