Luna Innovations Incorporated reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 29.16 million compared to USD 26.16 million a year ago. Net loss was USD 1.6 million compared to USD 2.35 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.09 a year ago. Basic loss per share was USD 0.05 compared to USD 0.07 a year ago. Diluted loss per share was USD 0.05 compared to USD 0.07 a year ago.
For the six months, sales was USD 54.21 million compared to USD 48.64 million a year ago. Net loss was USD 3.44 million compared to net income of USD 7.23 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.13 a year ago. Basic loss per share was USD 0.1 compared to basic earnings per share of USD 0.22 a year ago. Diluted loss per share was USD 0.1 compared to diluted earnings per share of USD 0.22 a year ago.