trending Market Intelligence /marketintelligence/en/news-insights/trending/wtlgRCiGehshZBYTYNsPrQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Neonode Q1 loss narrows YOY

Credit Suisse Research - Now Available in the S&P Global Market Intelligence Aftermarket Research Collection

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection

StreetTalk – Episode 71: Hotel sector faces tough sledding until full COVID-19 solution

Street Talk Episode 71 - Hotel sector faces tough sledding until full COVID-19 solution


Neonode Q1 loss narrows YOY

Neonode Inc. said its normalized net income for the first quarter was a loss of 2 cents per share, compared with a loss of 3 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $800,500, compared with a loss of $1.3 million in the year-earlier period.

The normalized profit margin rose to negative 25.6% from negative 57.2% in the year-earlier period.

Total revenue climbed 38.4% on an annual basis to $3.1 million from $2.3 million, and total operating expenses grew on an annual basis to $4.4 million from $4.3 million.

Reported net income totaled a loss of $1.4 million, or a loss of 3 cents per share, compared to a loss of $2.1 million, or a loss of 5 cents per share, in the prior-year period.