Neonode Inc NEON.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended June 30. The lone analyst forecast for the quarter was for a loss of 10 cents per share.
Revenue was $599.00 thousand; analysts expected $567.00 thousand.
Neonode Inc's reported EPS for the quarter was a loss of 11 cents.
Neonode Inc shares had fallen by 10.8% this quarter and gained 176.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 25% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is "buy."
Wall Street's median 12-month price target for Neonode Inc is $26.75, about 15% above its last closing price of $22.74
This summary was machine generated from LSEG data August 13 at 02:08 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)