Neonode (NEON) Set to Announce Quarterly Earnings on Thursday

Neonode (NASDAQ:NEON) will be issuing its quarterly earnings data before the market opens on Thursday, November 8th.

Neonode (NASDAQ:NEON) last posted its quarterly earnings data on Thursday, August 9th. The electronics maker reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.10). The firm had revenue of $1.88 million for the quarter. Neonode had a negative net margin of 45.68% and a negative return on equity of 53.96%.

Neonode stock opened at $2.43 on Wednesday. The company has a current ratio of 2.89, a quick ratio of 2.52 and a debt-to-equity ratio of 0.18. The company has a market cap of $14.06 million, a price-to-earnings ratio of -2.70 and a beta of 1.27. Neonode has a fifty-two week low of $2.02 and a fifty-two week high of $11.00.

Separately, Zacks Investment Research cut Neonode from a “hold” rating to a “sell” rating in a research report on Wednesday, July 11th.

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About Neonode

Neonode Inc, together with its subsidiaries, develops and licenses user interface and optical interactive touch solutions under zForce brand name in the United States, Sweden, Japan, China, Germany, Taiwan, South Korea, Canada, Singapore, and internationally. It develops optical touch and gesture solutions for human interaction with devices, including automotive systems, printers, medical devices, PC devices, monitors, mobile phones, tablets, and e-readers.

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Earnings History for Neonode (NASDAQ:NEON)

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