Luna Innovations: Q2 Earnings Insights

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Luna Innovations LUNA reported its Q2 earnings results on Thursday, August 11, 2022 at 08:00 AM.

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

Earnings

Luna Innovations missed estimated earnings by 166.67%, reporting an EPS of $-0.02 versus an estimate of $0.03.

Revenue was down $1.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 9.06% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.01 0.04 0.08 0.06
EPS Actual 0.05 0.08 0.03 0.06
Revenue Estimate 21.23M 23.67M 30.04M 28.91M
Revenue Actual 22.48M 24.22M 20.33M 27.94M

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.

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Posted In: EarningsBZI-Recaps
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