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Luna Innovations (NASDAQ:LUNA) has acquired LIOS Sensing in a €20M cash deal. The transaction was funded using a combination of Luna’s cash position and its existing revolving line of credit. LIOS, formerly a division of NKT Photonics, a NKT A/S company, specializes in distribut...
Luna Innovations press release (NASDAQ:LUNA): Q4 Non-GAAP EPS of $0.08 beats by $0.04. Revenue of $24.22M (+25.7% Y/Y) beats by $0.75M. Outlook: The company expects total revenues in the range of $109 million to $115 million vs consensus of $101.39M for full year 2022. Adjusted EBITDA in the ...
Luna Innovations (NASDAQ:LUNA) has divested its Luna Labs division in a transaction valued at ~$21M. With this divestiture, Luna becomes a pure-play fiber optic-based technology company. Luna Labs, meanwhile, will become a separate, private company, led by CEO James Garrett. The investment wa...
Luna Completes Divestiture of Luna Labs Acquires LIOS Sensing from NKT Photonics Highlights Total revenues of $24.2 million for the three months ended December 31, 2021, up 26%, compared to the three months ended December 31, 2020 Gross ma...
Strengthens global fiber sensing powerhouse LIOS Sensing’s market-leading position in distributed temperature sensing (DTS) and strain and Luna’s suite of sensing products forms industry’s most comprehensive portfolio Further expands international pres...
Luna to focus on fiber optic-based technologies Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced it has divested its Luna Labs division in a transaction valued at approximately $21 million. The investment...
ADAP, AVEO, BLDP, CORR, GOL, JAGX, LUNA, MTBC, PEI, PRTK For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings before Monday's open
While the cryptocurrency space is in the midst of a bear market, the ongoing pullback provides investors an opportunity to buy the dip. At the time of writing, the global cryptocurrency market is valued at US$1.7 trillion by market cap, significantly below its record valuation of US$3 t...
With inflation running rampant worldwide, speculative assets like growth stocks and cryptocurrencies have lost favor with investors. The crypto market has fallen 40% since peaking in November, erasing over $1 trillion in wealth in a few short months. But that sort of thing has happened befo...
Terra (CRYPTO:LUNA) features among the market’s fastest-growing cryptocurrencies . Terra’s unique positioning as a stablecoin ecosystem is something many investors like. For those considering the potential of crypto to become a true alternative for fiat currencies,...
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Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of Kevin Ilcisin as its new President and Chief Executive Officer, the retirement of Richard Roedel from the Board of Directors (th...
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