Palladyne AI reports preliminary Q2 revenue $5.8M, consensus $4.62M
Backlog of approximately $24M as of June 30, 2026, up from $17.3M as of March 31. Gross new contracts added during the quarter of approximately $12.5M; Cash, cash equivalents and marketable securities of approximately $44M as of June 30, roughly flat compared to March 31. Ben Wolff, CEO, commented: "The second quarter