Ondas Inc reports results for the quarter ended June 30 - Earnings Summary
Ondas Inc reports results for the quarter ended June 30 - Earnings Summary
Ondas Inc ONDS.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of nine analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -12 cents to -5 cents per share.
Revenue rose 1,235.4% to $83.77 million from a year ago; analysts expected $71.62 million.
Ondas Inc's reported EPS for the quarter was a loss of 18 cents.
The company reported a quarterly loss of $88.59 million.
Ondas Inc shares had risen by 18.6% this quarter and gained 0.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Ondas Inc is $19.00, about 53.1% above its last closing price of $8.91
This summary was machine generated from LSEG data August 13 at 10:40 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.08 | -0.14 | Missed |
Mar. 31 2026 | -0.06 | -0.07 | Missed |
Dec. 31 2025 | -0.05 | -0.08 | Missed |
Sep. 30 2025 | -0.05 | -0.06 | Missed |
Recent news on Ondas
See all newsBrief: Ondas Acquires Three Defense Technology Businesses To Expand Its Integrated Autonomous Defense Systems Platform
Brief: Ondas Registers 10.7 Mln Shares Of Common Stock Offered By Selling Stockholders
Brief: Ondas Inc To Acquire Aran Defense Ltd For Approximately $33 Million In Cash Or Ondas Common Stock
Ondas Inc reports results for the quarter ended June 30 - Earnings Summary
Ondas beats Q2 revenue estimates, raises 2026 revenue target