Neonode Q2’18: Our top line estimates 32 % too high
Research Note
2018-08-09
16:03
Neonode today, Thursday, reports declining sales of -19 percent, equivalent to USD 1.9m, compared to our estimate of USD 2.5m. The difference in the outcome from our estimates is all due to to licenses and likely in particular automotive, related to the two lost Chinese car models following the module transition.
VW
Viktor Westman
Disclosures and disclaimers