Neonode

Neonode, Inc. engages in the provision of advanced optical sensing solutions for contactless touch, touch, and gesture sensing. It offers software solutions for scene analysis that feature advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other types of imagers. It operates through the following geographical segments: United States, Japan, South Korea, China, Germany, Switzerland, and Other. The company was founded by Thomas Eriksson Bjorn on September 4, 1997 and is headquartered in Stockholm, Sweden.

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Neonode reports Q4 revenue decline but eyes significant 2023 growth

Neonode's Q4 2022 performance reflects mixed results with revenue declines but operational improvements and strategic investments for future growth.
The company's financial stability, confidence in growth prospects, and resilience in the face of challenges signal a promising trajectory.
With a focus on innovation, market expansion, and cost efficiency, Neonode aims to capitalize on opportunities and overcome obstacles to drive sustainable growth.

Neonode reports stable Q1 revenues, eyes growth through strategic partnerships

Neonode's Q1 2023 showcased stable licensing revenues, challenges with slow product sales, and a strategic focus on human-machine interaction and key partnerships.
Despite a decline in total revenues, the company's emphasis on continuous effort and collaborations in the automotive industry positions it for potential growth opportunities.
Balancing cost management with growth initiatives and addressing inventory-related challenges will be crucial for Neonode to improve revenue performance and operational efficiency.

Neonode reports stable Q2 revenues, focuses on growth strategies

Neonode's Q2 2023 showed stable licensing revenues but a decline in total revenues due to weak product sales. Despite facing challenges, the company is leveraging its strengths in the head-up display market and key focus areas to pursue growth opportunities.

Neonode reports Q3 revenue decline, eyes automotive growth opportunities

Neonode's Q3 2023 showed mixed results with declining licensing revenues but improved product sales, highlighting the need for diversification.
While facing challenges in revenue streams and cost management, the company remains optimistic about growth prospects in automotive and tech sectors.
Strategic focus on interactive technologies and proactive engagement in industry events position Neonode for future success and partnerships.

Neonode shifts focus to technology licensing after tough 2023

Neonode navigated a challenging year by refocusing on technology licensing, aiming to double turnover and achieve high margins.
Despite facing sales revenue setbacks, the company's strategic shift and significant design win in automotive signal growth opportunities.
Management's optimism and alignment with shareholders bode well for executing the new strategy and capitalizing on market opportunities.
Neonode's emphasis on simplifying operations and targeting key sectors position it for future success and innovation in technology licensing.

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STOCKHOLM, April 27, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) and Merim Groupe have signed an Original Equipment Manufacturer agreement for Merim Groupe to design, market and sell contactless kiosk products and solutions featuring Neonode Touch Sensor Modules. In 2017, Merim Groupe started to rollout their self-ordering kiosk solutions at Burger King restaurants across France.

Neonode and Merim Groupe Partner to Address QSR Kiosk Market

STOCKHOLM, April 22, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that Japan Aerospace Corporation, a Neonode value-added reseller, has been selected by a major Japanese retail chain to retrofit the chain's self-checkout kiosks with Neonode contactless touch technology. This retrofit solution developed by Japan Aerospace Corporation, called Air Click, is mounted along the top of the self-checkout kiosk display to enable contactless interaction with the kiosk, without the need to modify existing equipment.

Neonode Touch Sensor Modules Selected for Contactless Retail Self-Checkout Kiosk Rollout in Japan

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STOCKHOLM, April 8, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has received an order for and will supply touch sensor modules to Finetek, a Neonode value-added reseller, who has been selected by a major elevator OEM in South Korea to install its contactless elevator control panel solutions powered by Neonode's technology in existing elevators in this market. According to Finetek, a successful testing phase was recently completed and the contactless control panel modules are currently being installed for trials in existing elevators at multiple locations to monitor customers' user experience.

Neonode and Finetek Selected for Contactless Elevator Control Panel Rollout in South Korea

STOCKHOLM, March 31, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), today announced the appointment of Fredrik Nihlén as Chief Financial Officer, to become effective on or about August 2, 2021, following a notice period to Mr. Nihlén's current employer.

Appointment of Fredrik Nihlén as Chief Financial Officer at Neonode

STOCKHOLM, March 17, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has received an order for and will supply touch sensor modules to Japan Aerospace Corporation, a Neonode value-added reseller, who has been selected by a major Asian airline to retrofit its contactless touch solutions featuring Neonode's technology on existing self-service check-in and baggage drop kiosks at multiple airports in Asia. "This order represents a breakthrough in an important market segment for Neonode and we look forward to growing our contactless touch business with this and other customers in the transportation domain," said Dr. Urban Forssell, CEO of Neonode.

Neonode Touch Sensor Modules Selected for Contactless Kiosk Rollout at Several Asian Airports

Neonode Inc. (NEON) CEO Urban Forssell on Q4 2020 Results - Earnings Call Transcript

STOCKHOLM, March 10, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), today reported financial results for the fiscal year ended December 31, 2020. FINANCIAL SUMMARY FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020:            Revenue of $6.0 million, a decrease of 10.0% compared to prior year.

Neonode Reports Year Ended December 31, 2020 Financial Results

STOCKHOLM, March 9, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has signed a distributor agreement with NEXTY Electronics Corporation to promote and sell Neonode's contactless sensor products in Japan through NEXTY's extensive sales and distribution organization. As a core firm of Toyota Tsusho group in electronics business, NEXTY Electronics pursues top-class scale business in car electronics sectors.

Neonode Signs NEXTY Electronics as Distributor to Japanese Market

STOCKHOLM, March 2, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release financial results for the fiscal year and fourth quarter 2020 on Wednesday March 10, 2021. The Company will host a conference call Wednesday March 10, 2021 at 10AM Eastern Standard...

Neonode to Report Fiscal Year and Fourth Quarter 2020 Results on March 10, 2021

STOCKHOLM, Nov. 24, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) and Metatechno Inc. have signed a value-added reseller agreement whereby Metatechno offers the sale of Neonode's touch sensor modules and the associated software development for various contactless touch applications....

Neonode and Metatechno of Japan Sign Value-Added Reseller Agreement

Neonode, Inc. (NEON) CEO Urban Forssell on Q3 2020 Results - Earnings Call Transcript

STOCKHOLM, Nov. 10, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), today reported financial results for the three and nine months ended September 30, 2020. FINANCIAL SUMMARY THIRD QUARTER 2020 Net sales totaled $1.5 million compared to $1.3 million for the same period last year. Net...

Neonode Reports Third Quarter Ended September 30, 2020 Financial Results

STOCKHOLM, Sweden, Nov. 5, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce it has signed a value-added reseller agreement with Finetek, a global leader in the small and medium display market, to promote and sell Neonode sensor products in South Korea. "This...

Neonode and Finetek Sign Value-Added Reseller Agreement

STOCKHOLM, Nov. 2, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), today announced the appointment of Atsushi Ishii as Vice President Engineering. Mr. Ishii is an experienced leader and engineer with proven skills in guiding cross-functional engineering organizations in fast-paced...

Appointment of Atsushi Ishii as Vice President Engineering at Neonode

STOCKHOLM, Oct. 30, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release financial results for the three and nine months ended September 30, 2020 on Tuesday November 10, 2020. The Company will host a conference call Tuesday November 10, 2020 at 10AM...

Neonode ® to Report Third Quarter 2020 Results on November 10, 2020

STOCKHOLM , Oct. 28, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce it has signed a value-added reseller agreement with TNBTECH Co., Ltd., to promote and sell Neonode sensor products in South Korea. TNBTECH is an experienced semiconductor, module and solutions...

Neonode and TNBTECH of South Korea Sign Value-Added Reseller Agreement

STOCKHOLM, Oct. 27, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce it has signed a value-added reseller agreement with Global Electronics Corporation (GEC) to promote and sell Neonode sensor products in Japan and Southeast Asia. GEC is an experienced electronics...

Neonode and Global Electronics Corporation (GEC) of Japan Sign Value-Added Reseller Agreement

STOCKHOLM, Oct. 26, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) and Japan Aerospace Corp. have signed a value-added reseller agreement whereby Japan Aerospace will develop contactless self-service kiosks with Neonode's touch sensor modules to customers in Japan. Japan Aerospace has...

Neonode and Japan Aerospace Sign Value-Added Reseller Agreement

STOCKHOLM, SWEDEN, Oct. 23, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) is pleased to announce that it has signed an agreement with a leading U.S. defense contractor to develop prototypes of novel touchscreen technology for aerospace and defense applications. This is the first...

Neonode Enters Prototype Development Agreement with Leading U.S. Defense Contractor

PHILADELPHIA, Aug. 21, 2020 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Neonode Inc.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Neonode Inc. (NEON) and Encourages Investors to Contact the Firm

Neonode, Inc (NEON) CEO Urban Forssell on Q2 2020 Results - Earnings Call Transcript

STOCKHOLM, Aug. 14, 2020 /PRNewswire/ -- Neonode Inc.

Neonode Reports Second Quarter Ended June 30, 2020 Financial Results

STOCKHOLM, Aug. 10, 2020 /PRNewswire/ -- Neonode Inc.

Neonode Announces Closing of $13.9 Million Private Placement

STOCKHOLM, Aug. 5, 2020 /PRNewswire/ -- Neonode Inc.

News for Neonode Stock (NEON)