Neonode (NEON) reported second-quarter revenue from continuing operations of $0.5 million for the three months ended June 30, 2026, down 20.4% from the prior-year period. Net loss was $2.1 million, or $0.13 per basic and diluted share.
The company said license revenue rose 9.2% to $0.4 million, while non-recurring engineering revenue fell 81.5% to $36,000. Cash and accounts receivable were $21.7 million at June 30, compared with $25.8 million at Dec. 31, 2025.
- Total revenue for the quarter was $477,000, compared with $599,000 a year earlier.
- Operating expenses from continuing operations were $2.8 million, up 3.2% from the prior-year period.
- Six-month revenue from continuing operations was $1.1 million, down 1.9% year over year.
- Six-month loss from continuing operations was $4.0 million, or $0.24 per share.
- CEO Daniel Alexus said MultiSensing license revenue grew more than fivefold from the second quarter of 2025.
$NEON Hedge Fund Activity
We have seen 27 institutional investors add shares of $NEON stock to their portfolio, and 43 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 602,907 shares (-75.1%) from their portfolio in Q2 2026, for an estimated $567,335
- STATE STREET CORP removed 171,553 shares (-74.8%) from their portfolio in Q2 2026, for an estimated $161,431
- MARSHALL WACE, LLP removed 165,233 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $231,326
- JANE STREET GROUP, LLC removed 118,170 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $165,438
- QUADRATURE CAPITAL LTD removed 91,185 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $127,658
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 88,294 shares (+234.6%) to their portfolio in Q1 2026, for an estimated $123,611
- NORTHERN TRUST CORP removed 81,631 shares (-46.5%) from their portfolio in Q1 2026, for an estimated $114,283
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
