Ondas Holdings Q4 Adj $(0.17) Misses $(0.14) Estimate, Sales $4.96M Beat $4.27M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ondas Holdings (NASDAQ:ONDS) reported Q4 losses of $(0.17) per share, missing the $(0.14) estimate, but saw sales of $4.96M, beating the $4.27M estimate. This represents a significant improvement over the previous year, with losses decreasing by 61.36% and sales increasing by 935.89%.

April 01, 2024 | 12:44 pm
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NEUTRAL IMPACT
Ondas Holdings reported a mixed Q4 with a miss on EPS but a beat on revenue, showing significant year-over-year improvement.
The miss on the EPS estimate may concern some investors, potentially putting downward pressure on the stock. However, the substantial beat on revenue and the impressive year-over-year growth in both earnings and sales could offset this negative sentiment and signal underlying strength in the company's operations. The mixed nature of the report makes the short-term impact on the stock price uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100