Neonode Q4’16 comment: Substantially lower operating loss despite slow AirBar start

Research Note

2017-03-15

17:35

All in all, Neonode's Q4'16 was solid. Neonode reported a 20 percent lower OPEX in Q4'16 compared to Q4'15, meaning we missed Neonode's operating loss of USD -0.4 million by USD 0.6 million (exp. USDm -1.0). Sales amounted to USD 2.9 million (exp. USD 3.5 million) due to a slower AirBar start than we anticipated.

VW

Viktor Westman

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