and everyone afternoon, our call. Good thanks for joining
issued strong market third fiscal Luna. we start significant was mentioned, I from as at colleagues. And incredibly performance progress Delivering quarter hard a working Allison team truly press quarterly deliver you’re today. release always, consecutive collaboratively has comes XXXX this thanking as a QX to hearing As string my have And of to team. the our by results a quarter for of about close. Luna worked
very But quarter these a the strong You more up helped success. drove first, and set moment. of us accomplishments of financial I’ll that will like in details a to I’d see to the have for for continued metrics that cover important highlight we results specific few
years, the important to eliminate our First, Prior meet requirements them many our preferred that the we allowed been conversion, on that did work converting preferred sheet capital some equity. for to We dividend shares, those which on shares. on balance eliminate were the common to we have structure. to us able
our in providing shareholders. and outstanding this program, shares million return a the we completed $X reduced quarter, more to a our program, we share Secondly XXX,XXX. Through by than instituted repurchase
the strengthened Beth Vitale, executive our addition cybersecurity with expert. seasoned And third, we a board of and Mary
value I Mary Beth, on the terrific through in both board. is bringing in more focused experience went we already success were couldn’t our adding gender. and highly an with diversity, process, in we pleased And who As adding be
this our been ways to CEO. call, mentioned I many years two you transformed quarter’s company last that As in the on in I’ve has
significant. our that potential is believe continue We to
year. our second year-to-date we performance visibility us time guidance the confidence combined the the of gives remainder into this the Our fiscal have raise with that XXXX to for
$XX be full our of previous million $XX to million. million up million, range in expect the guidance revenues now $XX range We year from to to of $XX
to our XXXX through range guidance $X.X now pull adjusted up of continued million adjusted range million. EBITDA. from the to year to full expect million, be previous $X.X to We We also in of EBITDA our expect million $X.X $X.X
Now, our and of quarter operations. of the some let details of me the overview provide an
The XXXX of from our quarter marched double-digit consecutive revenues of Xth year-over-year third quarter in the operations. growth continuing
grew total grew in our segment Revenues comparable quarter XX% the versus strong and revenues our period XXX%, We a grew a XX% from and gross while than from robust grew to XX%. XX%. development licensing a year profit margin technology at revenues from ago more segment very products
third million reported quarter, of $X.XX income net diluted continuing we the $X.X from operations For fully share. or per
million, Adjusted of EBITDA shows than million that of note an is third $X.X I we adjusted to more important quarter reported two things. the $X want metric, it about year. EBITDA last because
of growth the this acquisition year. Luna Both significant the robust of both Lightwave Optics the accretion of second, of XXXX, and acquisition from legacy the and are Photonics the First, our October in business in General into Division. being combined Micron March these
announced we income operations and when that committed immediately strong increase making R&D we QX. the from to and a business, higher and had our recall acquisitions accretive being despite two SG&A in from in investments in integrating organic expenses acquisitions, we may those continuing core You pre-tax
Photonics. cover I to on Optics comments in just operations, Micron Before a and progress wanted our make I few General
before, mentioned and better just the complete. the is Micron one as integration Photonics than pleased weeks fact, evidence of Optics gone both the year that And success these integration General a The Micron acquisitions has of anniversary the ago, on bottom anticipated. I’ve few In say top that to the lines. we acquisition. marked essentially and of I’m see of And both we
with to on Division led on Now, triple-digit Lightwave XXX% grew the starting in a business, revenues basis. year-over-year let move growth by me Lightwave. by our Product
year quarters of the period products, in revenue group of best prior by represented acquisition. QX For the versus sensing Optics Micron our bolstered growth one the ever
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materials perimeter So in aerospace for monitoring and applications field modern for design health in long-term security. used dams of bridges example, or
ODiSI products Hyperion. and are sensing Our leading
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that study. XX Luna be has optics announced safety. to their agency’s monitor $X partner award, only with one the to of Luna’s space fiber a structural will NASA within companies Recently, inflatable million Moon the selected been embedded sensors Mars Exploration and With as habitats health to
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order we delivering unit blanket for interrogators XX security the with a integrator. Hyperion months, over First, next XX closed largest for systems our
systems For better rates fiber application, system. capability. basis technology the intrusion our with this are to alarm better perimeter system the lower detection of associated sensors pinpointing market Hyperion’s Hyperion provide integrators detection, a and false sensing enables and our optical
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Visibility in on bandwidth ever-growing communications networks. to networks the business is this need the for runs fiber core communications test data-centric more speed enabler mobile from cloud focuses computing XG to communications. Moving telecommunications the to vertical, enabling a gamut key remember and high that Optical networking. networks to
need or General segment on or speed Optical instruments controllers. in Optical Vector OVA the Reflectometer and QX for photonics versus feed was bolstered for Backscatter a – OBR by the Analyzer, of suite addition XXXX include prior Revenue and this of Photonics. products Our in triple-digits the and up the year, polarization the
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call, the make new additions Component of and of to help will Analyzer. quarter’s member is component these that of and especially with discussed better higher our XXXX optical the lower newest Lightwave The higher first and XXXX silicon manufacturers last portfolio, On photonics those the cost. products, in the quality, we throughput OBR family work designs
a our remember that acknowledging the by may was of you were expected little as I’m the of over Martin the of offerings the OBR for ago, recognized in to jet. product, initial the a and F-XX technology supplier manufacturing Lockheed new an new support, announce delivered Luna pleased that orders second award technology F-XX presented program. testing the XXXX with product, evolutionary Luna Lockheed as was year Martin. exceptional to support the company’s to Relative fighter second
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environments, historically While at lab field XXXX used is require the applications manufacturing OBR our in that been and portability. aimed OBR has technology new
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I’ve the that our before, we’ve the of we’re done work said growth optics. benefits in all to foundation from fiber lay now As seeing
momentum us about this about near more hear continue the continue we’re from be We future. to area and the to that you’ll excited seeing in
to on moving Now Terahertz.
with quarters, robust in revenues previous Our momentum double-digit the quarter year product a prior the is to line in third continuing strong built compared for the increase period.
continued and sales non-destructive were aerospace New research process in growth testing, control into QX. and the strong markets
strategy enhancing tolerance the And high speed in is we with deploying measurement Terahertz environments harsh sensors market our presence precision, by continued or applications high required. of where of
develop we to control refurbishment Terahertz at used During contract an awarded Force aircraft Air and Force were install of the Base. multiple the quarter, Air in process Hill sensors
say of balance the heard while a opportunities. changed. between costs, product in me our of investing still in effective and efficiency haven’t good adoption operations, the daily you’ve lower As maintained minimization manufacturing control, We’ve the They optimization Terahertz growth waste past, thickness for in are ensuring main quality. drivers
Remember, XX% not development for contract we double-digit And within of impact recent growth segment. our acquisitions the Division the to are and Lightwave technology switching quarter. do again group, the fully research third show the year-over-year
strong when our if as get ways I technologies. efficiently to property to possible. look am we reminder, retain always the rights them as these most, technologies to the from not Overall, the from pleased will technology team. continued with mature, contracts a the all development we instances, As for very In these market intellectual performance
As onset structure a this call, accomplishments at truly noteworthy financial mentioned capital quarter I’ve and this number operations, a the governance. in results, of of of was including areas,
the the to and raise pipeline the our gives annual accomplishments quarter strength the guidance. again us Our for of confidence
our outlined I call, mission quarter’s and values. last the vision, on that Remember
to our collaborate reminder, this with promises in us. And is a quarter’s clearly I’m grateful vision. to customers accomplishments the to the us As Luna and our are that that for fiber. willing thankful team our vision with delivering enabling future customers our advance on
me over let call Dale? the to for of details. financial hand With more Dale that, the
