Ondas Holdings Inc. (ONDS) Reports Q3 Loss, Tops Revenue Estimates
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Ondas Holdings Inc. (ONDS) reported a Q3 loss of $0.15 per share, slightly missing the Zacks Consensus Estimate of a $0.14 loss. However, the company exceeded revenue expectations.
November 12, 2024 | 4:15 pm
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Ondas Holdings Inc. reported a Q3 loss of $0.15 per share, slightly missing the consensus estimate of $0.14. Despite this, the company exceeded revenue expectations, which could mitigate negative sentiment.
The slight miss in EPS compared to estimates is a negative factor, but the fact that Ondas Holdings exceeded revenue expectations could balance the sentiment. Investors may view the revenue beat as a positive sign of growth potential, which could stabilize the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100