Neonode (NEON) Misses Q2 EPS by 2c

Neonode (NASDAQ: NEON) reported Q2 EPS of ($0.03), $0.02 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $2.6 million versus the consensus estimate of $3.78 million.

Cash and accounts receivable totaled $1.7 million at June 30, 2016 compared to $7.2 million at December 31, 2014. Common shares on a fully diluted basis totaled approximately 45.6 million shares on June 30, 2016.

For earnings history and earnings-related data on Neonode (NEON) click here.

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