Luna Innovations Reports Record Fourth-Quarter and Full-Year 2019 Results
Summary
" " As I reflect on these significant operational and financial achievements, I am particularly struck by the efficient and rapid integration of our two recent acquisitions, Micron Optics ("MOI") and General Photonics ("GP"), and the immediate accretion they had. Highlights of the financial results for the three months ended December 31, 2019 are: A reconciliation of Adjusted EBITDA to net income can be found in the schedules included in this release. Highlights of the financial results for the twelve months ended December 31, 2019 are: A reconciliation of Adjusted EBITDA to net income can be found in the schedules included in this release. As previously announced, Luna will conduct an investor conference call at 5:00 pm (ET) today to discuss its financial results for the three months and full year ended December 31, 2019. The statements in this release that are not historical facts constitute “forward-looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties.
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