Luna Innovations reports Q2 EPS 4c, consensus 5c
The Fly

Luna Innovations reports Q2 EPS 4c, consensus 5c

Reports Q2 revenue $29.2M, consensus $29.7M. “We continue to see abundant opportunities for Luna‘s capabilities and are particularly pleased this quarter with strong performance from our Sensing business,” said Scott Graeff, CEO. “We did experience a distinct difference in the growth rates of our two businesses – Sensing and Communications Test. Our Sensing business, including our project-based solutions, grew strongly. Pressure in the broader Communications market did impact our Communications Test business. We continue to secure large, multi-unit, follow-on orders in our primary markets, and we are seeing significant wins with new applications.”

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