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

Neonode

11/08/2021 15:24

* Neonode Inc  NEON.OQ  reported a quarterly adjusted loss of 14
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 14 cents per
share.
* Revenue rose 79.2% to $1.36 million from a year ago;  analysts
expected $1.82 million. 
* The mean earnings estimate of analysts had fallen by
about 7.7% 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 7.8% this quarter and
lost 15.7% so far this year.
* The company reported a quarterly loss of $1.66 million.
* Wall Street's median 12-month price target for Neonode Inc is
$10.50 
* 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 August 11 at 02:24 p.m.  ​All
figures in US dollars unless otherwise stated