Investing.com - Luna reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Luna announced earnings per share of $0.09 on revenue of $29.15M. Analysts polled by Investing.com anticipated EPS of $0.05 on revenue of $29.06M.
Luna shares are down 53.92% from the beginning of the year, still down 47.51% from its 52 week high of $9.85 set on November 11, 2021.
Luna follows other major Information Technology sector earnings this month
Luna's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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