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

Ondas

14/08/2023 14:32

* Ondas Holdings Inc  ONDS.OQ  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 17 cents per share.
    * Revenue rose 805.3% to $5.47 million from a year ago;
analysts
expected $4.28 million. 
    * Ondas Holdings Inc's reported EPS for the quarter was a
loss
of 18 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ondas Holdings Inc shares had risen by 32.5% this
quarter and
lost 28.3% so far this year.
    * The company reported a quarterly loss of $8.6 million.
    * Wall Street's median 12-month price target for Ondas
Holdings
Inc is $3.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.17          -0.18          Missed
 Mar. 31 2023      -0.28          -0.30          Missed
 Dec. 31 2022      -0.42          -0.44          Missed
 Sep. 30 2022      -0.24          -0.32          Missed