Benzinga | May 17, 2021 04:10PM EDT

Luna Innovations Q1 EPS $0.03 Misses $0.05 Estimate, Sales $26.30M Miss $26.91M Estimate; Reaffirms FY21 Guidance

Luna Innovations (NASDAQ:LUNA) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.05 by 40 percent. This is a 200 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $26.30 million which missed the analyst consensus estimate of $26.91 million by 2.27 percent. This is a 53.43 percent increase over sales of $17.14 million the same period last year.