Ondas Q2 2023 Earnings Report

Ondas EPS Results

• Actual EPS: -$0.18
• Consensus EPS: -$0.20
• Beat/Miss: Beat by +$0.02
• One Year Ago EPS: N/A

Ondas Revenue Results

• Actual Revenue: $5.47 million
• Expected Revenue: $4.43 million
• Beat/Miss: Beat by +$1.04 million
• YoY Revenue Growth: N/A

Ondas Announcement Details

• Quarter: Q2 2023
• Date: 8/14/2023
• Time: N/A

Ondas (NASDAQ:ONDS), through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks. Its FullMAX SDR platform enables secure and reliable industrial-grade connectivity for truly mission-critical applications. The company also offers Optimus, an AI-powered drone with imaging payloads; the Airbase, a ruggedized weatherproof base station for housing, data processing, and cloud transfer; Insightful, a secure web portal and API, which enables remote interaction with the system, data, and resulting analytics anywhere in the world; and the Raider, a counter-drone system for security and the protection of critical infrastructure, assets, and people from the threat of hostile drones. It serves users in rail, energy, mining, agriculture, public safety, critical infrastructure, and government markets in the United States and internationally. The company is headquartered in Waltham, Massachusetts.