Neonode Reports Quarter Ended March 31, 2024 Financial Results
Neonode Inc. (NEON)
Last neonode inc. earnings: 8/9 09:15 am
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US:NASDAQ Investor Relations:
neonode.com/investor-relations
Company Research
Source: PR Newswire
STOCKHOLM, May 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three months ended March 31, 2024.FINANCIAL SUMMARY FOR THE QUARTER ENDED MARCH 31, 2024: Revenue of $1.0 million, a decrease of 19.1% compared to the same period in the prior year.Operating expenses of $2.9 million, an increase of 3.3% compared to the same period in the prior year.Net loss of $2.1 million, or $0.14 per share, compared to $1.4 million, or $0.09 per share, for the same period in the prior year.Cash used by operations of $1.9 million compared to $1.7 million for the same period in the prior year.Cash and accounts receivable of $15.3 million as of March 31, 2024 compared to $17.1 million as of December 31, 2023.THE PRESIDENT & CEO'S COMMENTS"Our revenues decreased in the first quarter of 2024 compared to the same quarter last year. Following the announcement of our change in strategy, with full focus on our licensing business and a
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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 Inc. (NASDAQ: NEON) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
NEON
Sec Filings
- 5/17/24 - Form EFFECT
- 5/9/24 - Form S-3
- 5/8/24 - Form 10-Q
- NEON's page on the SEC website