Neonode Reports 2023 Financial Results [Yahoo! Finance]
Neonode Inc. (NEON)
Last neonode inc. earnings: 8/9 09:15 am
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US:NASDAQ Investor Relations:
neonode.com/investor-relations
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Source: Yahoo! Finance
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 per share, compared to $4.9 million , or 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, 2023 . We are currently phasing out our TSM product business and will close our production unit in Kungsbacka, Sweden , later this year. Exis
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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