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Barchart
Barchart
Wajeeh Khan

After Ondas Reports Mixed Earnings, Here's What Barchart Data Says Comes Next for ONDS Stock

Ondas ONDS Barchart Ondas Holdings

Ondas (ONDS) shares are slipping this morning as the defense-tech company’s widening EBITDA losses overshadowed its blockbuster Q2 revenue growth.

For its second financial quarter, ONDS posted a whopping 13x year-over-year increase in revenue to nearly $84 million, blowing past the consensus set at $68 million. Still, the company reported a loss of $0.19 per share, which led to an 8% decline in Ondas stock early on Thursday.

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