BOTHELL, Wash.--(BUSINESS WIRE)--Lumera Corporation (NASDAQ: LMRA), a leader in the emerging field of nanotechnology, today reported financial results for the second quarter 2007 and released information regarding its current product development progress. Revenues totaled $934,000 for the three months ended June 30, 2007 compared with $665,000 for the same period in 2006, a 40 percent increase over the prior year. Lumera’s net loss totaled $3.3 million or $0.17 per share for the three months ended June 30, 2007 compared with $3.2 million or $0.19 per share for the same period in 2006.