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Luna Innovations Inc - LUNA STOCK NEWS

Welcome to our dedicated news page for Luna Innovations (Ticker: LUNA), a resource for investors and traders seeking the latest updates and insights on Luna Innovations.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Luna Innovations's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Luna Innovations's position in the market.

News
Luna Polarization Control Technology Enables Growth of Hyperscale Data Centers
Rhea-AI Summary
Luna Innovations Incorporated (NASDAQ: LUNA) announced a large contract with a top-tier hyperscaler to provide polarization control technology for improved accuracy in tests performed on components in data centers. This technology will help the provider increase traffic bandwidth, reduce latency, and enable more efficient data transfer in hyperscale data centers, supporting the growth of artificial intelligence and machine learning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
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none
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News
Luna Announces Third-Quarter 2023 Financial Release Date of November 14, 2023
Rhea-AI Summary
Luna Innovations Incorporated (NASDAQ: LUNA) will report its Q3 financial results on November 14, 2023. The conference call to discuss the earnings will be hosted by the President, CFO, and CTO. The webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.53%
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none
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News
Luna Innovations Names George Gomez-Quintero as Chief Financial Officer
Rhea-AI Summary
Luna Innovations announces appointment of George Gomez-Quintero as CFO and reaffirms annual guidance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
none
News
Luna Provides Advanced Roadway Incident Detection for Major Department of Transportation
Rhea-AI Summary
Luna Innovations announces successful application of fiber optic sensing-based traffic monitoring for Utah DOT, providing accurate and timely information. The system detects average traffic speed, slow or stopped traffic, and estimates journey times. The solution uses pre-existing fiber and has been deployed since 2022, providing early warning of avalanches and other incidents. Similar deployments have been successful in other states. The project is eligible for federal funding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Luna Wins Contract for Mine Conveyor Belt Monitoring in South Africa
Rhea-AI Summary
Luna Innovations wins $1 million contract to provide heat detection monitoring in South African mines using fiber optic technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.38%
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none
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News
Luna Innovations to Present at the Midwest IDEAS Investor Conference
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.44%
Tags
conferences
News
Luna Innovations Reports Second-Quarter 2023 Results
Rhea-AI Summary
Luna Innovations reports Q2 2023 financial results with total revenues of $29.2 million, up 11% YoY. Gross margin at 58% and net loss of $1.6 million. Adjusted EBITDA of $2.7 million and adjusted EPS of $0.04. Reaffirms full-year 2023 outlook with revenue of $125 million to $130 million and adjusted EBITDA of $14 million to $18 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.74%
Tags
earnings
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News
Luna Wins Major Order for THz Solutions for Battery Manufacturing
Rhea-AI Summary
Luna Innovations has won a large purchase order for its THz sensing solution for application in automotive EV battery production. The company has completed the transfer of production to its Atlanta facility, expecting four times greater capacity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
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none
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News
Luna Announces Second-Quarter 2023 Financial Release Date of August 10, 2023
Rhea-AI Summary
Luna Innovations Incorporated (NASDAQ: LUNA) to Report Second-Quarter 2023 Financial Results on August 10, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
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none
News
Luna Names New Managing Director for Europe, Middle East and Africa Region
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
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none
Stock LUNA logo
Luna Innovations Inc

Nasdaq:LUNA

LUNA Rankings

#4527 Ranked by Market Cap
#1566 Ranked by Stock Gains
N/A Ranked by Dividends

LUNA Stock Data

90.21M
23.22M
5.78%
60.47%
6.51%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States
Roanoke

About LUNA

who we are: we are scientists, engineers, and business professionals; developing and manufacturing a new generation of technologies and products for the aerospace, automotive, energy, defense, healthcare, and telecommunications industries. as a result of our merger with advanced photonix, inc. we also package optoelectronic semiconductors into high-speed optical receivers (hsor), customize optoelectronic subsystems, and offer terahertz instrumentation. additionally, we provide applied research services for companies and government-funded projects in areas of sensing, advanced materials, and health sciences. why it matters: our business model is designed to accelerate the process of bringing new and innovative products to market. how we’re structured: we are organized into two main business segments, our products and licensing segment and our technology development segment. our products and licensing segment develops, manufactures and commercializes products to serve our markets’ needs;