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Neonode, Inc's CEO Discusses Second Quarter Results - Earnings Call Transcript

Neonode, Inc. (NEON)

Q2 2012 Earnings Call

August 7, 2012, 10:00 am ET


Garth Russell – KCSK Strategic Communication

Thomas Eriksson – CEO

David Brunton - CFO


(James Mezedeith) – Cowen & Company

Jay Sirvatsa – Chardan Capital

(Peter Cardillo – Peter Company)

Orin Hirschman – AIGH Investment

Daniel Gelbtuch - HTR



Ladies and gentlemen, thank you for standing by and welcome to Neonode's second quarter 2012 earnings conference call. All lines have been placed on mute to prevent any background noise. (Operation instructions). I would now like to turn the conference over to Mr. Garth Russell, the KCSK Strategic Communication. Sir, you may begin your conference.

Garth Russell

Thank you. Before turning the call over to management, I'd like to make the following remarks concerning forward-looking statements. All statements in this conference call other than historical facts are forward-looking statements. The words 'anticipate,' 'believe,' 'estimate', 'expect,' 'sense', 'will,' 'guides', 'confidence,' 'targets,' 'projects,' and other similar expressions are typically used to identify forward-looking statements.

These forward-looking statements do not guarantee the future performance that may involve or are subject to risks, uncertainties, and other factors that may affect Neonode's business, financial position, and other operating results which include but are not limited to the risk factors and other qualifications contained in Neonode's annual report on Form 10-K, quarterly reports on Form 10-Q, and other reports filed by Neonode with the SEC to which your attention is directed.

Therefore, actual outcomes and results may differ materially from what is expected or implied by these forward-looking statements. Neonode expressly disclaims to any intent or obligation to update these forward-looking statements. During this call, we may also present certain non-GAAP financial measures such as EBITDA, adjusted EBITDA, non-GAAP net income and certain ratios that use these measures.

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