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Company posts net income of $2.8 million following sale of Secure Computing and Communications group; net loss from continuing operations increased to $1.1 million
May 9, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Luna recorded net income attributable to common stockholders of $2.8 million, or $0.17 per diluted share, for the first quarter of 2013, compared to a net loss attributable to common stockholders of $0.4 million, or ($0.03) per diluted share in the first quarter of 2012. The net income in the first quarter of 2013 included a net after-tax gain of $4.0 million realized on the sale of the company’s Secure Computing and Communications group (SCC) in March. Total revenues from continuing op...
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