Shares of drone tech company Draganfly Inc. (NASDAQ:DPRO) sold off hard on Wednesday after disappointing fourth-quarter earnings — but the report and guidance still support a speculative Buy case for investors who can handle volatility.
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What Spooked The Market
Shares fell more than 21% in the wake of Draganfly’s latest quarterly report, as investors focused on a wider‑than‑expected loss and a revenue miss versus Street estimates.
The company posted a quarterly loww of 24 cents, significantly below the consensus estimate for a loss of 13 cents, according to Benzinga Pro data. Revenue fell short of expectations by nearly 19%, triggering a reset in near‑term sentiment.
Profitability optics also looked worse, with gross margin compressing to around 17% for …