Ondas reports Q2 EPS (14c), consensus (15c)

Reports Q2 revenue $957,851, consensus $1.25M. “Ondas continued to advance critical customer activity during the second quarter, positioning the Company for long-term growth,” said Eric Brock, Chairman and CEO of Ondas Holdings. “That progress included multiple orders we have secured for the Iron Drone Raider, including the latest order announced earlier today from a major military customer, which represents an expansion of their engagement with Ondas on their counter-drone technology roadmap. The successful productization of our Irone Drone Raider adds a third revenue-generating platform to Ondas’ portfolio, alongside OAS’ Optimus System and Ondas Networks’ FullMAX, 802.16-enabled software-defined networking platform.”