Neonode (NEON) Reports Q4 Loss of $0.01/Share

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Neonode Reports Fourth Quarter and Year Ended December 31, 2016 Financial Results

March 15, 2017 9:00 AM EDT

STOCKHOLM, Sweden, March 15, 2017 (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, 2016.

Highlights:

Automotive customers sold 940,000 cars with zForce in 2016, a 167% increase over 2015Printer customers sold 8.8 million printers with zForce in 2016, a 56% increase over 2015Shipped approximately 9,000 AirBar units in Q4 2016We established global distribution for our consumer products with the largest distributor in the world, Ingram MicroMore than 44 million products on the market with... More