Neonode (NEON) Reports In-Line Q3 EPS

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Neonode Reports Third Quarter Ended September 30, 2015 Financial Results

November 9, 2015 8:31 AM EST

STOCKHOLM, Sweden, Nov. 09, 2015 (GLOBE NEWSWIRE) -- Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the three and nine months ended September 30, 2015.

Recent Highlights:

Revenues increased 176% compared to Q3 2014Signed license agreement with leading Japanese printer OEMReceived royalties from five tier 1 automotive suppliers, up from three last quarterExceeded 200,000 total infotainment systems using zForce technology as of Q3 2015Increased to 19  car models launched using zForce technology for the in-car infotainment system, up from 17 as of last quarterStrengthened... More