Ondas (ONDS) Projected to Post Quarterly Earnings on Monday

Ondas (NASDAQ:ONDS) is expected to be issuing its quarterly earnings data before the market opens on Monday, April 7th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $5.75 million for the quarter. Ondas has set its FY 2025 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Ondas (NASDAQ:ONDS) last posted its earnings results on Wednesday, March 12th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.05). The business had revenue of $4.13 million for the quarter, compared to analyst estimates of $5.75 million. Ondas had a negative net margin of 544.24% and a negative return on equity of 183.49%. On average, analysts expect Ondas to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ondas Stock Performance

NASDAQ ONDS opened at $0.92 on Friday. The stock has a market capitalization of $97.37 million, a price-to-earnings ratio of -1.28 and a beta of 1.87. The stock has a 50-day moving average of $1.23 and a 200 day moving average of $1.25. The company has a current ratio of 0.43, a quick ratio of 0.21 and a debt-to-equity ratio of 0.02. Ondas has a twelve month low of $0.54 and a twelve month high of $3.40.

Wall Street Analyst Weigh In

Separately, Northland Securities upped their target price on Ondas from $1.50 to $4.00 and gave the stock an “outperform” rating in a research note on Monday, December 30th.

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.