Neonode (NEON) to Release Quarterly Earnings on Thursday

Key Points

• Neonode (NASDAQ: NEON) is set to release its Q2 2025 earnings on August 14, 2023, with analysts predicting a loss of ($0.10) per share and revenue of $0.57 million.
• In its last earnings report, Neonode reported a loss of ($0.11) per share, falling short of expectations, and had a negative net margin of 217.85%.
• Goldman Sachs recently acquired a new position in Neonode, purchasing 48,262 shares, and institutional investors now hold 11.63% of the company's stock.

Neonode (NASDAQ:NEON - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, August 14th. Analysts expect Neonode to post earnings of ($0.10) per share and revenue of $0.57 million for the quarter.

Neonode (NASDAQ:NEON - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.03). Neonode had a negative net margin of 217.85% and a negative return on equity of 38.24%. The business had revenue of $0.51 million for the quarter, compared to analysts' expectations of $0.65 million. On average, analysts expect Neonode to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Neonode Stock Up 5.6%

NEON stock opened at $23.50 on Thursday. Neonode has a twelve month low of $2.44 and a twelve month high of $29.90. The firm has a market cap of $394.33 million, a price-to-earnings ratio of -33.10 and a beta of 0.77. The business's fifty day simple moving average is $20.87 and its two-hundred day simple moving average is $13.24.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Neonode from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd.

Institutional Trading of Neonode

An institutional investor recently bought a new position in Neonode stock. Goldman Sachs Group Inc. acquired a new position in shares of Neonode Inc. (NASDAQ:NEON - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 48,262 shares of the electronics maker's stock, valued at approximately $393,000. Goldman Sachs Group Inc. owned 0.31% of Neonode as of its most recent SEC filing. Institutional investors own 11.63% of the company's stock.

About Neonode

Neonode Inc, together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers.

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