Shares in private wireless and drone group Ondas (ONDS) soared 14% in pre-market trading today as it hailed record Q1 results.
Claim 55% Off TipRanks
Trade ONDS with leverageThe group said revenues came in at $50.1 million for the period, representing a ten-fold increase year-over-year driven by global demand for unmanned systems. It also raised its full-year 2026 revenue target to at least $390 million, representing an approximately 670% year-over-year increase.