RoboticsThe Motley Foolabout 9 hours ago
Why Ondas Stock Zoomed 32% Higher in May
1 min read
Ondas stock rose 32% in May after reporting strong quarterly earnings on May 14. Revenue grew more than 10x to $50 million, driven by acquisitions in defense drone technology and AI. The company guides to $390 million in revenue this year, a 670% increase. Ondas holds $1.48 billion in cash and equivalents.
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