Luna Innovations to Present at Needham Virtual Investor Growth Conference
Summary
ROANOKE, Va.--(BUSINESS WIRE)--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. 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. The company also is reaffirming its 2020 outlook range of: • Total revenues of $81 million to $83 million, and 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. Luna’s business model is designed to accelerate the process of bringing new and innovative technologies to market.
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