Neonode Inc reports results for the quarter ended in December - Earnings Summary

Neonode

10/03/2022 16:52

* Neonode Inc  NEON.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for a loss of 15 cents per
share.
    * Revenue fell 38.9% to $1.49 million from a year ago; 
analysts
expected $1.11 million. 
    * Neonode Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Neonode Inc shares had fallen by 51.4% this quarter.
    * The company reported a quarterly loss of $1.5 million.
    * Wall Street's median 12-month price target for Neonode Inc
is
$16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 10 at 04:52 p.m.  ​All
figures in US dollars unless otherwise stated