Luna Innovations to Present at Needham Virtual Investor Growth Conference
11 Janeiro 2021 - 10:30AM
Business Wire
Reaffirms 2020 Outlook
Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in
advanced fiber optic-based technology, today announced that Scott
Graeff, President and CEO, will present at the 23rd Annual Needham
Virtual Investor Growth Conference on Wednesday, January 13, 2021,
at 2:00 p.m. ET. A webcast of the presentation will be posted on
the investor relations section of Luna’s website at
http://ir.lunainc.com/ and can be accessed at
https://wsw.com/webcast/needham103/luna/2247264. A replay of the
presentation will be available following the event. Management also
will be participating in virtual one-on-one meetings January 11-15,
2021. To arrange a meeting, please contact
conferences@needhamco.com.
Reaffirming 2020 Outlook
The company also is reaffirming its 2020 outlook range of:
- Total revenues of $81 million to $83 million, and
- Adjusted EBITDA of $10 million to $12 million.
Non-GAAP Financial Measures
In evaluating the operating performance of its business, Luna’s
management considers Adjusted EBITDA, which excludes certain
charges and credits that are required by GAAP. Adjusted EBITDA
provides useful information to both management and investors by
excluding the effect of certain non-cash expenses and items that
Luna believes may not be indicative of its operating performance,
because either they are unusual and Luna does not expect them to
recur in the ordinary course of its business, or they are unrelated
to the ongoing operation of the business in the ordinary course.
Adjusted EBITDA should be considered in addition to results
prepared in accordance with GAAP, but should not be considered a
substitute for, or superior to, GAAP results.
About Luna
Luna Innovations, Incorporated (www.lunainc.com) is a leader in
optical technology, providing unique capabilities in
high-performance, fiber optic-based, test products for the
telecommunications industry and distributed fiber optic-based
sensing for the aerospace and automotive industries. Luna is
organized into two business segments, which work closely together
to turn ideas into products: Lightwave and Luna Labs. Luna’s
business model is designed to accelerate the process of bringing
new and innovative technologies to market.
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version on businesswire.com: https://www.businesswire.com/news/home/20210111005541/en/
Investors: Allison Woody Luna Innovations Incorporated
Phone: 540.769.8465 Email: woodya@lunainc.com
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