attributable to common shareholders of $0.4 milli- on, compared to a net loss attributable to common shareholders of $0.5 million for the fourth quarter of 2010. Revenues decreased to $8.1 million in the fourth quarter of 2011 from $9.1 million in the fourth quarter of the preceding year, with a corre- sponding reduction in gross profit to $2.7 million for the most recent quarter compared to $3.4 million in the prior year quarter.
For the year, total revenues increased 3% compared to 2010, driven by a 9% growth in product and licen- se revenue. Total revenues grew to $35.6 million for 2011 compared to $34.5 million in 2010, including an increase in product and license revenue to $13.2 million in 2011 compared to $12.1 million in 2010.
Product and license revenue increased by 9%, to $13.2 million for the year ended December 31, 2011, from $12.1 million for the year ended De- cember 31, 2010. Net loss attributable to common stockholders improved to $1.5 million, or $0.11 per basic and diluted common share, for the year ended December 31, 2011, compared to a net loss attri- butable to common stockholders of $3.0 million, or $0.23 per basic and diluted common share, for the year ended December 31, 2010.
Based on information as of March 8, 2012, the company expects total revenue for 2012 to be in the range of $32.5 million to $37.0 million. Also for 2012, the company anticipates a net loss to common stockholders in the range of $0.2 million to $1.2 million. For the first quarter of 2012, the company expects revenue of approximately $8.0 million to $8.5 million and a net loss attributable to common stockholders of approximately $0.2 million to $0.6
million. Luna Innovations is focused on sensing and instrumentation.
uxtera has shipped its one-millionth 10Gbit channel. This important milestone validates the
growing demand for Silicon Photonics in today’s mission critical data centers and computer clusters as well as reinforces Luxtera’s ability to meet high per- formance computing (HPC) needs on a larger scale. The announcement further signifies the emergence of Silicon Photonics as the next generation interconnect with 10 Petabits of transceiver bandwidth shipped.
In January, Luxtera opened Silicon CMOS Photonics process and CMOS Photonics device library to Opto- electronic Systems Integration in Silicon (OpSIS), a foundry service that provides access to optoelectro- nic integrated circuits to the community at large, at a modest cost.
Luxtera’s Silicon CMOS Process is the only com- mercially deployed process to integrate photonics with transistor-based electronics, which makes this announcement significant as the company’s process offers a unique level of capability and complexity as well as a direct path to commercial production. Luxtera today announces that it is teaming up with the new foundry service for Optoelectronic Systems Integration in Silicon (OpSIS). Under the agree
12-02 :: February/March 2012