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Ondas Shares Drop 9.7% After Reporting $50.6 Million EBITDA Loss Despite $757 Million Backlog
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Ondas Shares Drop 9.7% After Reporting $50.6 Million EBITDA Loss Despite $757 Million Backlog
WEST PALM BEACH, Florida, August 30, 2026, 09:08 (EDT) – Shares of Ondas declined by 9.7% after the company reported an EBITDA loss of $50.6 million, while its backlog stood at $757 million. Ondas ended Friday at $7.90, falling 9.71%, with 69.97 million shares traded. Pro forma backlog stood at $757 million, compared with $68…
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