Ondas Holdings: Q3 Earnings Insights

Ondas Holdings (NASDAQ:ONDS) reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:30 AM. Here’s what…

Ondas Holdings (NASDAQ:ONDS) reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Ondas Holdings beat estimated earnings by 11.76%, reporting an EPS of $-0.15 versus an estimate of $-0.17.

Revenue was up $2.03 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 5.61% increase in the share price the next day.

Here’s a look at Ondas Holdings’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.20 -0.28 -0.42 -0.24
EPS Actual -0.18 -0.30 -0.44 -0.32
Revenue Estimate 4.43M 1.63M 400K 1.37M
Revenue Actual 5.47M 2.60M 478K 632K

To track all earnings releases for Ondas Holdings visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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