Ondas Holdings Cut FY23 Revenue to $15M (Prior $26M-$30M) Vs $25.67M Est
Portfolio Pulse from Benzinga Newsdesk
Ondas Holdings has reduced its FY23 revenue forecast to $15M, down from the previous estimate of $26M-$30M. This is significantly lower than the market estimate of $25.67M.
August 14, 2023 | 11:39 am
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NEGATIVE IMPACT
Ondas Holdings' revised FY23 revenue forecast is significantly lower than market expectations, which could negatively impact its stock price.
Ondas Holdings has revised its FY23 revenue forecast downwards, which is significantly lower than the market's expectations. This could lead to a negative sentiment among investors, potentially causing a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100