finance.yahoo.com

Ondas Holdings Reaffirms Guidance After Q2 Revenue Miss

Red Cat Holdings logoRed Cat Holdings
Sig2.33Sen+0.53Env0.00Soc0.00Gov0.00
Ondas Holdings logoOndas Holdings
Sig1.57Sen-1.37Env0.00Soc0.00Gov0.00

Ondas Holdings’ fiscal second-quarter report on August 6 showed revenue of $20.19 million, below the $22.58 million consensus, with a GAAP loss of $0.26 per share versus a $0.17 estimate. Revenue rose 527% year over year, cash totaled $325.55 million, and the company reaffirmed its full-year target of $150 million to $180 million.

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