Neonode (NEON) Misses Q4 EPS by 4c

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Neonode Reports Fourth Quarter and Year Ended December 31, 2015 Financial Results

March 10, 2016 4:06 PM EST

STOCKHOLM, Sweden, March 10, 2016 (GLOBE NEWSWIRE) -- Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today reported financial results for the fourth quarter and year ended December 31, 2015.

Highlights:

Fiscal 2015 revenue of $11.1 million increased 136% compared to fiscal 2014Automotive market exceeded expectations as more than 340,000 vehicles delivered with Neonode technology in 2015Our customers sold 5.6 million printers with Neonode technology in 2015Announced our first sensor module, AirBar, specifically designed for PC notebooksMore than 30 million products sold with Neonode technology over the last... More