Ondas (ONDS) to Release Earnings on Tuesday

Ondas (NASDAQ:ONDS - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 12th. Analysts expect Ondas to post earnings of ($0.14) per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Ondas (NASDAQ:ONDS - Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported ($0.14) EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.03. The company had revenue of $0.96 million during the quarter, compared to analysts' expectations of $0.85 million. Ondas had a negative net margin of 450.02% and a negative return on equity of 132.10%. During the same period last year, the business earned ($0.18) EPS. On average, analysts expect Ondas to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ondas Price Performance

ONDS stock traded up $0.04 during trading on Wednesday, reaching $0.78. The company had a trading volume of 223,773 shares, compared to its average volume of 285,199. The firm has a 50-day simple moving average of $0.82 and a 200-day simple moving average of $0.80. The company has a quick ratio of 0.27, a current ratio of 0.40 and a debt-to-equity ratio of 0.03. Ondas has a twelve month low of $0.48 and a twelve month high of $1.99.

Analyst Ratings Changes

Separately, Northland Securities lowered their target price on shares of Ondas from $2.00 to $1.50 and set an "outperform" rating for the company in a research note on Friday, August 16th.

About Ondas

Ondas Holdings Inc, 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.