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Neonode (NEON) Misses Q2 EPS by 2c

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Neonode Reports Second Quarter Ended June 30, 2016 Financial Results

August 9, 2016 8:45 AM EDT

STOCKHOLM, Sweden, Aug. 09, 2016 (GLOBE NEWSWIRE) -- Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the three and six months ended June 30, 2016.

Highlights:

Total revenue increased 13% compared to the first half of 2015License fees increased 394% from automotive customers and 65% from printer customers, compared to the first half of 2015Signed our first supply agreement for a tailgate sensor module with an U.S. automotive OEMKey retail channels established for AirBar through Ingram Micro in the United States, Europe,... More