Ondas (ONDS) reported Q1 net income Thursday of $361.3 million, swinging from a loss of $14.1 million a year earlier.
Analysts surveyed by FactSet expected a loss of $24.1 million.
Revenue for the quarter ended March 31 was $50.1 million, compared with $4.2 million a year earlier.
Analysts polled by FactSet expected $39.4 million.
Ondas raised its fiscal 2026 revenue guidance to at least $390 million. That compares with its prior outlook of $375 million. Analysts polled by FactSet expect $379.1 million.
The company's shares were up 13% in recent Thursday premarket activity.
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