Ondas Holdings Inc. (ONDS) Reports Q1 Loss, Tops Revenue Estimates

Core Insights - Ondas Holdings Inc. reported a quarterly loss of $0.15 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.11, marking an earnings surprise of -36.36% [1] - The company generated revenues of $4.25 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 0.43% and significantly up from $0.63 million a year ago [2] - Ondas shares have declined approximately 65.8% year-to-date, contrasting with a slight gain of 0.2% in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.11 on revenues of $5.15 million, while for the current fiscal year, the estimate is -$0.40 on revenues of $22.37 million [7] - The estimate revisions trend for Ondas is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Communication - Network Software industry, to which Ondas belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]