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Luna Innovations: Q3 Earnings Insights

Author: Benzinga Insights | November 14, 2023 08:40am

Luna Innovations (NASDAQ:LUNA) reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Luna Innovations reported in-line EPS of $0.07 versus an estimate of $0.07.

Revenue was up $1.55 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 10.8% drop in the share price the next day.

Here's a look at Luna Innovations's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.05 0 0.09 0.06
EPS Actual 0.04 0 0.08 0.09
Revenue Estimate 29.73M 24.27M 32.36M 29.15M
Revenue Actual 29.16M 25.05M 31.70M 29.15M

To track all earnings releases for Luna Innovations visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: LUNA

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