Ondas Holdings (ONDS) said Wednesday it expects to report revenue of about $6 million for the quarter ended June 30 on a preliminary basis, up from about $1 million a year earlier.

Analysts polled by FactSet expect $5 million.

The company also said it maintained its 2025 revenue guidance of at least $25 million.

Analysts surveyed by FactSet expect $24.2 million.

The company said it held more than $67 million of cash and cash equivalents as of June 30, compared with about $30 million as of Dec. 31 last year.

Ondas expects to announce its Q2 results next month.

The company's shares were up over 4% in recent premarket activity.