Moby summary of Palladyne AI Corp.'s Q1 2026 earnings call
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Moby summary of Palladyne AI Corp.'s Q1 2026 earnings call
It is now my pleasure to introduce your host, Brian Siegel with Hayden IR. Joining me on the call today are Ben Wolff, President and Chief Executive Officer; and Trevor Thatcher, Chief Financial Officer.
Palladyne AI (NASDAQ:PDYN) reported first-quarter fiscal 2026 revenue of $3.5 million, up 107% year-over-year, and reiterated its full-year 2026 revenue guidance of $24 million to $27 million as management pointed to a growing contract backlog and increased defense program activity. Revenue grew 10