Neonode Reports 2023 Financial Results
Neonode Inc. (NEON)
Last neonode inc. earnings: 8/9 09:15 am
Check Earnings Report
US:NASDAQ Investor Relations:
neonode.com/investor-relations
Company Research
Source: PR Newswire
STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.FINANCIAL SUMMARY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023:Revenue of $4.4 million, a decrease of 21.5% compared to the prior year.Operating expenses of $10.7 million, an increase of 4.9% compared to the prior year.Net loss of $10.1 million, or $0.66 per share, compared to $4.9 million, or $0.36 per share, for the prior year.Cash used by operations of $6.3 million, compared to $6.8 million for the prior year.Cash and accounts receivable of $17.1 million as of December 31, 2023 compared to $16.3 million for the prior year-end.THE CEO'S COMMENTS"The decrease in our sales revenues 2023 was a disappointment. In particular, the negative development of our Touch Sensor Module ("TSM") product business was unsatisfactory and led us to the decision to sharpen our strategy and focus on licensing going forward, as announced on December 12, 2
Show less
Read more
Impact Snapshot
Event Time:
NEON
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NEON alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NEON alerts
High impacting Neonode Inc. news events
Weekly update
A roundup of the hottest topics
NEON
News
- Neonode Inc. (NASDAQ: NEON) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Neonode First Quarter 2024 Earnings: US$0.14 loss per share (vs US$0.094 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Neonode Reports Quarter Ended March 31, 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Neonode Reports Quarter Ended March 31, 2024 Financial ResultsPR Newswire
- Neonode Reports Quarter Ended March 31, 2024 Financial ResultsPR Newswire
NEON
Sec Filings
- 5/9/24 - Form S-3
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- NEON's page on the SEC website