Published in Food and Drug Law Weekly, August 22nd, 2008
As compared to the same quarter last year, revenues grew by 26%, from $7.9 million to $9.9 million, gross profit increased from $2.9 million to $4.1 million, and loss per share declined from $0.21 to $0.16.
Kent Murphy, Chairman and Chief Executive Officer, provided this overview of Luna's results: "We continue to move forward in our growth strategy at a significant pace, which is evident from our financial results and in our operational achievements during the second quarter. I'm particularly pleased with the growth of the product...
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