Neonode Q3 EPS $(0.08) Down From $(0.06) YoY, Sales $1.00M Down From $1.22M YoY
Portfolio Pulse from Benzinga Newsdesk
Neonode (NASDAQ:NEON) reported Q3 losses of $(0.08) per share, a 33.33% decrease YoY. The company also reported $1.00 million in sales, a 17.76% decrease YoY.
November 09, 2023 | 2:28 pm
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NEGATIVE IMPACT
Neonode reported a YoY decrease in both earnings per share and sales for Q3. This could negatively impact the company's stock price in the short term.
Neonode's reported decrease in both earnings per share and sales indicates a potential downturn in the company's financial performance. This could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100