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Neonode, Inc. Message Board

  • swindonhines swindonhines Nov 14, 2012 8:27 AM Flag

    What's positive about the release?

    Revs in line with street, EPS below. Lots of design wins, but they've been disclosed so can't really be called upside. Sounds like 4Q will be guided lower and op-ex running higher. Getting to profitability appears pushed out and they likely burn cash for a few more quarters. Yes, the positive is that many are likely waiting in the wings to buy, but this report can't be construed as positive.

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • swindler, you posted like one.

      With the biggest customer, Amazon, pulled out, the company is done for now - the much hyped technology is dead in the water.

      Once again, as I expected months ago, they missed both eps and revenue targets. What else was new?!

      This is dead money. Nobody in their right mind would be buying this proven junkie.

      Sentiment: Strong Sell

 
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