Neonode (NEON) Reports Q2 Loss of $0.02/Share

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Go back to Neonode (NEON) Reports Q2 Loss of $0.02/Share

Neonode Reports Second Quarter Ended June 30, 2017 Financial Results

August 9, 2017 9:30 AM EDT

STOCKHOLM, Sweden, Aug. 09, 2017 (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, 2017.

Net revenue for the second quarter of 2017 was $2.3 million compared to $2.6 million for the same quarter last year. Net loss for the second quarter of 2017 was $1.0 million or $0.02 per share compared to net loss of $1.3 million or $0.03 per share last year.

To capitalize on our investments in our most valuable assets; the zForce technology, IP, production processes and our strong client relationships,... More