Luna(US:LUNA)2020-03-06 18:46Financial Performance - Q4 2019 - Total revenues reached $19.5 million, a 44% increase year-over-year[3] - Products and licensing revenue increased by 63% year-over-year, reaching $13.0 million[3] - Technology development revenue increased by 16% year-over-year, reaching $6.4 million[3] - Adjusted EBITDA doubled to $3.2 million, compared to $1.6 million in the same period of the previous year[3] - Net income from continuing operations was $2.1 million, or $0.07 per fully diluted share, compared to a loss of $0.1 million, or $0.00 per fully diluted share, in the same period of the previous year[3] Financial Performance - Full Year 2019 - Total revenues reached $70.5 million, a 64% increase year-over-year[5] - Products and licensing revenue increased by 103% year-over-year, reaching $44.5 million[5] - Technology development revenue increased by 24% year-over-year, reaching $26.0 million[5] - Adjusted EBITDA improved to $9.5 million, a 201% growth, compared to $3.1 million in the previous year[5] - Net income from continuing operations was $5.3 million, or $0.17 per fully diluted share, compared to $1.2 million, or $0.04 per fully diluted share, in the previous year[5] 2020 Financial Outlook - The company projects total revenues of $81 million to $84 million for fiscal year 2020[9] - The company projects Adjusted EBITDA of $10 million to $12 million for fiscal year 2020[9]