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Stock impact report

AeroVironment: Well-Positioned In Evolving Industry [Seeking Alpha]

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Seeking Alpha
Summary AeroVironment's Group 1 UAS products will become increasingly applicable in the changing landscape. AeroVironment is making solid gains in the highly promising HAPS space. Despite AeroVironment's dominance in small UAS, the company is starting to face more competition. AeroVironment ( AVAV alternatives Q3 AeroVironment's Q3 revenue of $61.89 million and EPS of -$0.04 missed expectations by $6.94 million and $0.19 respectively. Unsurprisingly, the company's stock price plunged following the release of quarterly results. Despite the recent bad news, AeroVironment is still very well-positioned in high potential industry. Dominance in Small UAS Small UAS is an increasingly important market. The growth of robotics and artificial intelligence is rapidly expanding the usefulness rise cost-effective Small UAS like AeroVironment's Raven will likely have a growing impact on the battlefield. Source: Intelligent Aerospace AeroVironment continues to maintain a strong foothold in the small Show less Read more
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