Nov. 13 at 1:58 PM
$LPTH Earnings from
$ONDS, a recent investor in
$LPTH.
Ondas Holdings beats on top and bottom lines; raises FY25 revs guidance (5.51)
Reports Q3 EPS of (
$0.03) vs (
$0.04) FactSet consensus; revs of
$10.1 mln vs
$7.0 mln consensus
Operational and Financial Outlook
The Company continues to experience strong growth in 2025 and now expects to generate revenue of at least
$36 million for the year (vs
$27.1 mln consensus), an increase from the prior target of at least
$25 million.
This new revenue target reflects continued strong performance of Ondas' core OAS business and the addition of newly acquired businesses .
This outlook is supported by results to date and the
$23.3 million in consolidated backlog at the end of Q3 2025, as well as visibility on expected production and delivery schedules with customers.
The Company expects to end the year with record backlog positioning Ondas for continued strong growth into 2026. The Company has established a revenue target of at least
$110M for 2026