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Luna Innovations: Q3 Earnings Insights

Benzinga ·  Nov 14, 2023 20:40

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:

QuarterQ2 2023Q1 2023Q4 2022Q3 2022
EPS Estimate0.0500.090.06
EPS Actual0.0400.080.09
Revenue Estimate29.73M24.27M32.36M29.15M
Revenue Actual29.16M25.05M31.70M29.15M

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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