Flexible Electronics News

Luna Reports 4Q 2012, Full Year Financial Results

Revenues decreased 5 percent from prior year quarter and 9 percent for the year; net loss flat year over year

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Luna Innovations Inc. announced its financial results for the fourth quarter and year ended Dec. 31, 2012. For the fourth quarter of 2012, Luna realized a net loss attributable to common stockholders of $0.6 million, or $0.04 per share, compared to a net loss attributable to common stockholders of $0.4 million, or $0.03 per share, for the fourth quarter of 2011. Revenues decreased 5% to $7.8 million in the fourth quarter of 2012 from $8.1 million in the fourth quarter of the preceding ye...

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