Luna Innovations (NASDAQ:LUNA) reported its Q4 earnings results on Monday, March 14, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Luna Innovations beat estimated earnings by 100.0%, reporting an EPS of $0.08 versus an estimate of $0.04.
Revenue was down $1.69 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 8.51% drop in the share price the next day.
Here's a look at Luna Innovations's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.06 | 0.05 | 0.08 |
| EPS Actual | 0.03 | 0.06 | 0.03 | 0.09 |
| Revenue Estimate | 30.04M | 28.91M | 26.91M | 24.45M |
| Revenue Actual | 20.33M | 27.94M | 26.30M | 25.91M |
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