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Luna Innovations Incorporated (LUNA) CEO Scott Graeff on Q4 2019 Results - Earnings Call Transcript

Mar. 05, 2020 10:59 PM ETLuna Innovations Incorporated (LUNA)
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Luna Innovations Incorporated (NASDAQ:LUNA) Q4 2019 Results Conference Call March 5, 2019 5:00 PM ET

Company Participants

Allison Woody - Director of Administration

Scott Graeff - President and Chief Executive Officer

Gene Nestro - Chief Financial Officer

Brian Soller - SVP and General Manager, Lightwave

Conference Call Participants

Barry Sine - Spartan Capital

Jim Marrone - Singular Research


Ladies and gentlemen, thank you for standing by. And welcome to the Q4 and Full Year 2019 Luna Innovations Incorporated Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions].

I would now like to hand the conference over to Ms. Allison Woody, Director of Administration. Thank you, please go ahead, ma'am.

Allison Woody

Thank you. Good afternoon and thank you for joining us today. This afternoon, we issued our fourth quarter and full year fiscal 2019 earnings press release. In addition, we posted to the Investor Relations section of our website, a presentation with supplemental information for the quarter. If you do not have a copy of the release or the supplemental materials, please check our website at lunainc.com. We will also post a replay of this call to our website.

Some of our comments and discussions today are based on non-GAAP measures, specifically adjusted EBITDA. These adjusted numbers exclude the effect of certain non-cash expenses and other items. The adjusted results are a supplement to the GAAP financial statements. Luna believes the presentation and exclusion of these items is useful in order to focus on what we deem to be a more reliable indicator of ongoing operating performance.

Before we proceed with our presentation today, let us remind you the statements made on this conference call, as well as in our public filings, releases and websites, which are

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