LUNA Stock - Luna Innovations Incorporated
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Financial Statements
| Metric | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Revenue | $109.50M | $87.51M | $59.12M | $70.52M | $42.92M |
| Gross Profit | $66.50M | $51.56M | $42.19M | $35.18M | $19.44M |
| Gross Margin | 60.7% | 58.9% | 71.4% | 49.9% | 45.3% |
| Operating Income | $-1,884,000 | $-2,590,000 | $813,000 | $3.31M | $877,535 |
| Net Income | $9.28M | $1.38M | $3.29M | $5.34M | $11.00M |
| Net Margin | 8.5% | 1.6% | 5.6% | 7.6% | 25.6% |
| EPS | $-0.02 | $0.04 | $0.11 | $0.18 | $0.34 |
Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. The company offers optical test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and Hyperion sensing solution that enables full-spectrum data acquisition and flexible peak detect algorithms of fiber-bragg gratings (FBGs), long period FBGs, and fabry-perot sensors with low-latency access to data for closed loop feedback applications. It also provides polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; single frequency lasers; temperature and strain sensing products; ODiSI sensing solution, which provides distributed strain and temperature measurements; and Terametrix terahertz gauging and imaging products that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements, as well as distributed acoustic sensing intellectual property and products. The company primarily markets its fiber optic test, measurement, and control products to telecommunications companies, defense agencies, government system integrators, researchers, original equipment manufacturers, distributors, testing labs, and strategic partners directly, as well as through manufacturer representative organizations, partner and distribution channels, technical sales engineers, value added resellers, and independent sales representatives. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 28th 2023 | Stifel | Initiation | Buy | $12.5 |
| May 22nd 2023 | Needham | Initiation | Buy | $10 |
| March 15th 2023 | Northland Capital | Downgrade | Market Perform | $8 |
| May 23rd 2022 | Northland Capital | Upgrade | Outperform | $8 |
Earnings History & Surprises
LUNAEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q4 2025 | Nov 4, 2025 | $0.14 | $-0.21 | -252.1% | ✗ MISS |
Q1 2025 | Feb 26, 2025 | — | — | — | — |
Q4 2024 | Dec 24, 2024 | $0.11 | $0.05 | -54.5% | ✗ MISS |
Q3 2024 | Sep 19, 2024 | $0.04 | $0.07 | +75.0% | ✓ BEAT |
Q2 2024 | Jun 25, 2024 | $0.13 | $-0.03 | -123.1% | ✗ MISS |
Q1 2024 | Mar 26, 2024 | $0.14 | $0.06 | -57.1% | ✗ MISS |
Q4 2023 | Nov 14, 2023 | $0.06 | $0.07 | +16.7% | ✓ BEAT |
Q3 2023 | Aug 10, 2023 | $0.06 | $0.04 | -33.3% | ✗ MISS |
Q2 2023 | May 9, 2023 | $-0.03 | $-0.03 | 0.0% | = MET |
Q1 2023 | Mar 14, 2023 | $0.09 | $0.08 | -11.1% | ✗ MISS |
Q4 2022 | Nov 10, 2022 | $0.06 | $0.09 | +50.0% | ✓ BEAT |
Q3 2022 | Aug 11, 2022 | $-0.01 | $-0.02 | -160.8% | ✗ MISS |
Q2 2022 | May 16, 2022 | $0.01 | $0.05 | +275.1% | ✓ BEAT |
Q1 2022 | Mar 14, 2022 | $0.05 | $0.08 | +60.0% | ✓ BEAT |
Q4 2021 | Nov 15, 2021 | $0.07 | $0.03 | -57.1% | ✗ MISS |
Q3 2021 | Aug 9, 2021 | $0.06 | $0.06 | 0.0% | = MET |
Q2 2021 | May 17, 2021 | $0.05 | $0.03 | -40.0% | ✗ MISS |
Q1 2021 | Mar 11, 2021 | $0.09 | $0.09 | 0.0% | = MET |
Q4 2020 | Nov 9, 2020 | $0.05 | $0.13 | +160.0% | ✓ BEAT |
Q3 2020 | Aug 6, 2020 | $0.02 | $0.04 | +125.0% | ✓ BEAT |
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