Ondas Holdings Inc reports results for the quarter ended in December - Earnings Summary

Ondas

14/03/2023 13:30

* Ondas Holdings Inc  ONDS.OQ  reported a quarterly adjusted
loss
of 44 cents​​ per share for the quarter ended in December. The
mean expectation of two analysts for the quarter was for a loss
of 42 cents per share.
    * Revenue fell 16.1% to $479.00 thousand from a year ago;
analysts
expected $403.00 thousand. 
    * Ondas Holdings Inc's reported EPS for the quarter was a
loss
of 90 cents​.
    * The mean earnings estimate of analysts had fallen by
about 51.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Ondas Holdings Inc shares had fallen by 0.6% this quarter.
    * The company reported a quarterly loss of $38.26 million.
    * Wall Street's median 12-month price target for Ondas
Holdings
Inc is $3.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 14 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.42          -0.44          Missed
 Sep. 30 2022      -0.24          -0.32          Missed
 Jun. 30 2022      -0.22          -0.27          Missed
 Mar. 31 2022      -0.17          -0.24          Missed