Neonode (NASDAQ:NEON) reported its Q1 earnings results on Wednesday, May 11, 2022 at 09:35 AM.
Here's what investors need to know about the announcement.
Earnings
Neonode beat estimated earnings by 23.08%, reporting an EPS of $-0.1 versus an estimate of $-0.13.
Revenue was down $347.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.93% drop in the share price the next day.
Here's a look at Neonode's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.14 | -0.14 | -0.12 |
| EPS Actual | -0.11 | -0.15 | -0.14 | -0.14 |
| Revenue Estimate | 1.11M | 1.95M | 1.81M | 1.83M |
| Revenue Actual | 1.49M | 962.00K | 1.72M | 1.67M |
To track all earnings releases for Neonode visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
