Luna Innovations Incorporated (LUNA)

NASDAQ: LUNA · IEX Real-Time Price · USD
7.06
-0.01 (-0.14%)
Feb 27, 2024, 12:06 PM EST - Market open
-0.14%
Market Cap 245.31M
Revenue (ttm) 116.61M
Net Income (ttm) -2.12M
Shares Out 34.70M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 22.58
Dividend n/a
Ex-Dividend Date n/a
Volume 36,588
Open 7.09
Previous Close 7.07
Day's Range 7.02 - 7.13
52-Week Range 5.05 - 10.97
Beta 1.41
Analysts Strong Buy
Price Target 10.00 (+41.64%)
Earnings Date Mar 12, 2024

About LUNA

Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. It also provides ODiSI sensing solution, which provides distributed strain and temperature measurements; distributed temperature sensing syste... [Read more]

Sector Technology
IPO Date Jun 2, 2006
Employees 337
Stock Exchange NASDAQ
Ticker Symbol LUNA
Full Company Profile

Financial Performance

In 2022, LUNA's revenue was $109.50 million, an increase of 25.12% compared to the previous year's $87.51 million. Earnings were $9.28 million, an increase of 571.42%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LUNA stock is "Strong Buy." The 12-month stock price forecast is $10.0, which is an increase of 41.64% from the latest price.

Price Target
$10.0
(41.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Luna Innovations Reports Third Quarter 2023 Results

ROANOKE, Va.--(BUSINESS WIRE)--Luna announces Q3 2023 earnings results.

3 months ago - Business Wire

Luna Announces Third-Quarter 2023 Financial Release Date of November 14, 2023

Roanoke, VA, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third-quarter financial results for the period ended September 30, 2023, ...

4 months ago - GlobeNewsWire

Luna Innovations Names George Gomez-Quintero as Chief Financial Officer

ROANOKE, Va.--(BUSINESS WIRE)-- #CFO--Luna announces George Gomez-Quintero as new Chief Financial Officer.

4 months ago - Business Wire

Luna Innovations to Present at the Midwest IDEAS Investor Conference

ROANOKE, Va.--(BUSINESS WIRE)-- #IDEAS--Luna will present at the IDEAS Investor Conference in Chicago, IL on Thursday, August 24th.

6 months ago - Business Wire

Luna Innovations Reports Second-Quarter 2023 Results

ROANOKE, Va.--(BUSINESS WIRE)-- #EARNINGS--Luna announces its financial results for Q2 2023 and reaffirms full-year outlook.

7 months ago - Business Wire

Luna Announces Second-Quarter 2023 Financial Release Date of August 10, 2023

Roanoke, VA, July 31, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its second-quarter financial results for the period ended June 30, 2023, at t...

7 months ago - GlobeNewsWire

Luna Innovations Reports Strong First-Quarter 2023 Results

ROANOKE, Va.--(BUSINESS WIRE)-- #EARNINGS--Luna reports strong Q1 2023 earnings results and reaffirms 2023 guidance.

10 months ago - Business Wire

Luna Announces First-Quarter 2023 Financial Release Date of May 9, 2023

Roanoke, VA, April 28, 2023 (GLOBE NEWSWIRE) -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its first-quarter financial results for the period ended March 31, 2023, bef...

10 months ago - GlobeNewsWire

Luna Innovations Announces Upcoming Investor Day

ROANOKE, Va.--(BUSINESS WIRE)-- #AnalystDay--Luna to host its first Investor Day on Wednesday, May 24, 2023 beginning at 9:30 a.m. at The Yale Club of New York City.

11 months ago - Business Wire

Luna Innovations Wins Contract for Industrial Battery Storage Monitoring

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations (NASDAQ: LUNA), a global leader in advanced optical technology, was recently awarded a contract for industrial battery storage monitoring for a leading ...

11 months ago - Business Wire

Top 5 Tech Stocks Which You'll Regret Missing This Quarter - Credo Technology Group (NASDAQ:CRDO), Clearfield (NASDAQ:CLFD)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: CLFDCRDOSABRUIS
1 year ago - Benzinga

Luna Innovations Reports Strong Fourth-Quarter and Full-Year 2022 Results

ROANOKE, Va.--(BUSINESS WIRE)-- #EARNINGS--Luna announces strong financial results for the fourth-quarter and full-year 2022.

1 year ago - Business Wire

Luna Innovations Partners to Deliver Clean Energy from Largest Offshore Wind Project in the U.S.

ROANOKE, Va.--(BUSINESS WIRE)-- #CLEANENERGY--Luna announces partnership with Dominion Energy to provide monitoring services for the largest offshore wind project in the U.S.

1 year ago - Business Wire

Luna Announces Fourth-Quarter and Full-Year 2022 Financial Release Date of March 14, 2023

Roanoke, VA, Feb. 21, 2023 (GLOBE NEWSWIRE) -- ROANOKE, V A , February 2 1 , 20 2 3 -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its fourth-quarter and full-year fina...

1 year ago - GlobeNewsWire

Luna to Present at Needham Growth Conference

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that company executives will participate in the...

1 year ago - Business Wire

Luna Wins Major Contract for Levee Monitoring

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, was recently awarded a contract with PT Freeport Indonesia, an affiliate of ...

1 year ago - Business Wire

Luna Secures Multi-Year Agreement with Northrop Grumman

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that it has extended its existing relationship ...

1 year ago - Business Wire

Luna to Present at Singular Research's Best of the Uncovered Investor Conference on December 8, 2022

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will part...

1 year ago - Business Wire

Luna Innovations to Present at the Southwest IDEAS Investor Conference

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Scott Graeff, President and CEO, will part...

1 year ago - Business Wire

Luna Innovations Reports Strong Third-Quarter 2022 Results

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced optical technology, today announced its financial results for the three and nine months ended...

1 year ago - Business Wire

Luna Announces Third-Quarter 2022 Financial Release Date of November 10, 2022

Roanoke, VA, Oct. 27, 2022 (GLOBE NEWSWIRE) -- ROANOKE, VA, October 27, 2022 -- Luna Innovations Incorporated (NASDAQ: LUNA) announced today it will report its third-quarter financial results for the ...

1 year ago - GlobeNewsWire

Luna Appoints Eva Hartmann to Head of Human Resources

ROANOKE, Va.

1 year ago - Business Wire

Luna Signs Significant Contract with Intuitive Surgical

ROANOKE, Va.--(BUSINESS WIRE)-- #ISRG--Luna announces new $14.2 million contract with Intuitive Surgical, executing on its strategy of long-term, recurring sales.

Other symbols: ISRG
1 year ago - Business Wire

Luna Innovations to Present at the Midwest IDEAS Investors Conference

ROANOKE, Va.--(BUSINESS WIRE)-- #IDEASConference--Luna to participate in the Midwest IDEAS Investor Conference in Chicago, IL.

1 year ago - Business Wire

Luna Innovations Reports Second-Quarter 2022 Results

ROANOKE, Va.--(BUSINESS WIRE)-- #EARNINGS--Luna announces its financial results for the three and six months ended June 30, 2022 and reaffirms 2022 outlook.

1 year ago - Business Wire