Neonode Inc NEON.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 8 cents per share.
Revenue was $513.00 thousand; analysts expected $654.00 thousand.
Neonode Inc's reported EPS for the quarter was a loss of 10 cents.
Neonode Inc shares had risen by 35.3% this quarter and gained 33.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 33.3% 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 also "strong buy"
Wall Street's median 12-month price target for Neonode Inc is $26.75
This summary was machine generated from LSEG data May 14 at 02:07 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)