Neonode Q1 preview: Approaching break-even

Research Note

2017-04-26

22:25

On May 9, we expect Neonode to report Q1’17 sales and EBIT of USD 3.7 and -0.1 million. If the report came in at these levels it would mean a sales growth of 18 percent and a decrease in the operating loss from last year’s USD -1.3 million. We assume the approaching of break-even would lead to a significant, positive share price reaction as it would neutralize some of the stock market's distrust from previous missed targets etc.

VW

Viktor Westman

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