Loss per share of $0.11 (vs. loss of $0.098 in Q2 2023)

Neonode (NASDAQ:NEON) Q2 2024 Results

Key Financial Results

• Revenue: $1.42 million (up 19% compared to Q2 2023).

• Net loss: $1.70 million (loss increased by 13% compared to Q2 2023).

• Loss of $0.11 per share (a further deterioration from a loss of $0.098 in Q2 2023).

All numbers shown in the chart above are for the last 12 months (TTM)

Neonode Profit Insight

Revenues are forecast to grow by an average of 23% per year over the next three years, while in the US the electronics industry is forecasting growth of 7.4%.

Efficiency American electronics industry.

The company’s share price remained broadly unchanged from last week.

Risk analysis

Please note that Neonode is displayed 4 Warning Signals in Our Investment Analysis and two of them are a bit unpleasant…

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