Neonode Reports Quarter Ended March 31, 2024 Financial Results
STOCKHOLM, May 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three months ended March 31, 2024.
- STOCKHOLM, May 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three months ended March 31, 2024.
- FINANCIAL SUMMARY FOR THE QUARTER ENDED MARCH 31, 2024:
Revenue of $1.0 million, a decrease of 19.1% compared to the same period in the prior year. - "Our revenues decreased in the first quarter of 2024 compared to the same quarter last year.
- FINANCIAL OVERVIEW FOR THE QUARTER ENDED MARCH 31, 2024
Net revenues for the quarter ended March 31, 2024 were $1.0 million, a 19.1% decrease compared to the same period in 2023.