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Onsdag 28 Oktober | 18:13:03 Europe / Stockholm

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Redeye

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Neonode - Weak Q1, Progress in Automotive, and No Stay for Samsung

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Neonode - Weak Q1, Progress in Automotive, and No Stay for Samsung

2023-05-12 16:59:00

Redeye states that the Q1 report was weak, but that the Automotive segment is progressing well and indicates a promise of high license revenues from 2026 or so. In the lawsuit, Judge Albright decided to deny stay for Samsung - an important win for the Neonode side which puts additional pressure on Samsung. Redeye only makes small changes to its fair value range.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/