NASDAQ:NEON

Neonode Reports Quarter Ended March 31, 2024 Financial Results

Retrieved on: 
星期三, 五月 8, 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.

Key Points: 
  • 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.

Neonode Reports Quarter Ended March 31, 2024 Financial Results

Retrieved on: 
星期三, 五月 8, 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.

Key Points: 
  • 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.

Neonode Announces Departure of Chief Executive Officer

Retrieved on: 
星期三, 四月 10, 2024

STOCKHOLM, April 10, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today announced that Dr. Urban Forssell, following consultation with the Board of Directors, will leave his position as Chief Executive Officer ("CEO") of Neonode effective immediately.

Key Points: 
  • STOCKHOLM, April 10, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today announced that Dr. Urban Forssell, following consultation with the Board of Directors, will leave his position as Chief Executive Officer ("CEO") of Neonode effective immediately.
  • The Company's Chief Financial Officer, Fredrik Nihlén, has been appointed interim CEO until a new CEO is appointed.
  • The departure of Dr. Forssell comes as Neonode enters into the next phase of its growth journey.
  • "The Board would like to thank Dr. Forssell for his contribution to Neonode during the past four years.

Neonode Announces Departure of Chief Executive Officer

Retrieved on: 
星期三, 四月 10, 2024

STOCKHOLM, April 10, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today announced that Dr. Urban Forssell, following consultation with the Board of Directors, will leave his position as Chief Executive Officer ("CEO") of Neonode effective immediately.

Key Points: 
  • STOCKHOLM, April 10, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today announced that Dr. Urban Forssell, following consultation with the Board of Directors, will leave his position as Chief Executive Officer ("CEO") of Neonode effective immediately.
  • The Company's Chief Financial Officer, Fredrik Nihlén, has been appointed interim CEO until a new CEO is appointed.
  • The departure of Dr. Forssell comes as Neonode enters into the next phase of its growth journey.
  • "The Board would like to thank Dr. Forssell for his contribution to Neonode during the past four years.

Neonode Reports 2023 Financial Results

Retrieved on: 
星期三, 二月 28, 2024

STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.

Key Points: 
  • STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.
  • Cash and accounts receivable of $17.1 million as of December 31, 2023 compared to $16.3 million for the prior year-end.
  • FINANCIAL OVERVIEW FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023
    Net revenues for fiscal 2023 were $4.4 million, a 21.5% decrease compared to 2022.
  • Net loss attributable to Neonode for fiscal 2023 was $10.1 million, or $0.66 per share, compared to a net loss of $4.9 million, or $0.36 per share for 2022.

Neonode Reports 2023 Financial Results

Retrieved on: 
星期三, 二月 28, 2024

STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.

Key Points: 
  • STOCKHOLM, Sweden, Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023.
  • Cash and accounts receivable of $17.1 million as of December 31, 2023 compared to $16.3 million for the prior year-end.
  • FINANCIAL OVERVIEW FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023
    Net revenues for fiscal 2023 were $4.4 million, a 21.5% decrease compared to 2022.
  • Net loss attributable to Neonode for fiscal 2023 was $10.1 million, or $0.66 per share, compared to a net loss of $4.9 million, or $0.36 per share for 2022.

Neonode to Report Fourth Quarter 2023 Results on February 28, 2024

Retrieved on: 
星期二, 二月 20, 2024

STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the three months and fiscal year ended December 31, 2023, on Wednesday February 28, 2024.

Key Points: 
  • STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the three months and fiscal year ended December 31, 2023, on Wednesday February 28, 2024.
  • The Company will host a conference call Wednesday February 28, 2024, at 10AM Eastern Time (ET)/4PM Central European Time (CET) featuring remarks by, and Q&A with, Urban Forssell, CEO, and Fredrik Nihlén, CFO.
  • To join the conference call, please use the following link: https://www.redeye.se/events/965900/liveq-neonode-3
    For interested individuals unable to join the live event, a digital recording for replay will be available on www.redeye.se .

Neonode to Report Fourth Quarter 2023 Results on February 28, 2024

Retrieved on: 
星期二, 二月 20, 2024

STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the three months and fiscal year ended December 31, 2023, on Wednesday February 28, 2024.

Key Points: 
  • STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the three months and fiscal year ended December 31, 2023, on Wednesday February 28, 2024.
  • The Company will host a conference call Wednesday February 28, 2024, at 10AM Eastern Time (ET)/4PM Central European Time (CET) featuring remarks by, and Q&A with, Urban Forssell, CEO, and Fredrik Nihlén, CFO.
  • To join the conference call, please use the following link: https://www.redeye.se/events/965900/liveq-neonode-3
    For interested individuals unable to join the live event, a digital recording for replay will be available on www.redeye.se .

Neonode Launches Sharpened Strategy with Full Focus on Its Licensing Business

Retrieved on: 
星期二, 十二月 12, 2023

STOCKHOLM, Dec. 12, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today announces a new, sharpened strategy with full focus on its licensing business.

Key Points: 
  • STOCKHOLM, Dec. 12, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today announces a new, sharpened strategy with full focus on its licensing business.
  • Consequently, Neonode will phase out its Touch Sensor Module ("TSM") product business through licensing of the TSM technology to strategic partners or outsourcing.
  • Neonode has been successful in licensing technology historically and the management team sees the largest potential for future growth and profitability in this area.
  • Neonode will focus all its efforts and resources on licensing by reallocating marketing, sales, and engineering resources from the product team to the licensing team and by external recruitments.

Neonode Launches Sharpened Strategy with Full Focus on Its Licensing Business

Retrieved on: 
星期二, 十二月 12, 2023

STOCKHOLM, Dec. 12, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today announces a new, sharpened strategy with full focus on its licensing business.

Key Points: 
  • STOCKHOLM, Dec. 12, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today announces a new, sharpened strategy with full focus on its licensing business.
  • Consequently, Neonode will phase out its Touch Sensor Module ("TSM") product business through licensing of the TSM technology to strategic partners or outsourcing.
  • Neonode has been successful in licensing technology historically and the management team sees the largest potential for future growth and profitability in this area.
  • Neonode will focus all its efforts and resources on licensing by reallocating marketing, sales, and engineering resources from the product team to the licensing team and by external recruitments.