ONDS - Ondas Holdings Inc. (ONDS) Q1 2024 Earnings Call Transcript
2024-05-15 14:17:08 ET
Ondas Holdings Inc. (ONDS)
Q1 2024 Earnings Conference Call
May 15, 2024 8:30 AM ET
Company Participants
Eric Brock – Chairman & CEO
Yishay Curelaru – CFO
Guy Simpson – President & COO, Ondas Networks
Meir Kliner – President, Autonomous Systems
Tim Tenne – CEO, American Robotics
Conference Call Participants
Tim Horan – Oppenheimer
Glenn Mattson – Ladenburg Thalmann
Carter Mansbach – Forte Capital Group
Aditya Iyer – Northland Capital
Matthew Galinko – Maxim Group
Presentation
Operator
Welcome to the Ondas Holdings Inc. First Quarter 2024 Conference Call. All participants will be in listen-only mode. [Operator Instructions]
Before we begin, the Company would like to remind you that this call may contain forward-looking statements. While these forward-looking statements reflect Ondas’ best current judgment, they are subject to risks and uncertainties that could cause actual results to differ materially from those implied by these forward-looking statements. These risk factors are discussed in Ondas’ periodic SEC filings and in the earnings press release issued today, which are both available on the Company's website. Ondas undertakes no obligation to revise or update any forward-looking statements to reflect future events or circumstances, except as required by law.
During this call, Ondas will refer to certain non-GAAP financial measures. These non-GAAP measures are not prepared in accordance with Generally Accepted Accounting Principles. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures is shown in our press release issued earlier today, which is available at the Investor Relations section of our website. This non-GAAP information is provided as a supplement to, not as a substitute for as superior to, measures of financial performance prepared in accordance with GAAP.
However, management believes these non-GAAP measures provide investors with valuable information on the underlying trends of our business. Please note this event is being recorded.
I would now like to turn the presentation over to Eric Brock, Chairman and CEO. Please go ahead.
Eric Brock
Thank you, operator, and good morning. I want to get started by welcoming everyone to our quarterly conference call. We appreciate the time you're spending with us and for your interest in our company. I'm happy to be joined today by key members of our leadership team, including our CFO, Yishay Curelaru, Guy Simpson, the President and Chief Operating Officer of Ondas Networks, Meir Kliner, President of Ondas Autonomous Systems, and the Founder and CEO of our Airobotics subsidiary; and Tim Tenne, CEO of American Robotics.
Now let’s turn to the agenda. We will start the call with some brief comments highlighting recent business developments at both Ondas Networks and Ondas Autonomous Systems business units. I will then hand the call to Yishay for a financial review of our first quarter 2024 results. We will then provide a business update for Ondas Networks and our OAS business units where I will ask Guy, Meir and Tim to provide a commentary around current business activity. Then we will wrap the call and open the floor for investor questions....
Ondas Holdings Inc. (ONDS) Q1 2024 Earnings Call Transcript