Military drone maker's shares jump more than 30% [CNBC]
AeroVironment, Inc. (AVAV)
Last aerovironment, inc. earnings: 3/3 04:10 pm
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Source: CNBC
Tim Chong | Reuters U.S. Army Major Rod Secor poses with a AeroVironment RQ-11 Raven, a small hand-launched remote-controlled unmanned aerial vehicle (SUAV), at the U.S. military booth at the Singapore Airshow in Singapore. Shares of AeroVironment , a military drone maker, soared 31 percent in early trade Wednesday after the company posted strong quarterly sales. The company's revenue for fiscal second-quarter 2018 hit $73.8 million, marking a 47 percent year-over-year increase. AeroVironment attributed the sales surge to a $23.2 million gain in drones sales. AeroVironment's strong revenue tricked down to its bottom line, as the drone maker's earnings per share shattered Wall Street expectations. The company reported a profit of 29 cents a share, while analysts polled by Reuters expected a loss of 6 cents a share. Our outstanding team delivered another solid quarter of financial and operational results driven by robust, global customer dema
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AVAV
News
- Tethered Drones Market To Reach USD 0.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- AV's Switchblade 300 Selected for U.S. Marine Corps' Organic Precision Fires-Light Program [Yahoo! Finance]Yahoo! Finance
- AV’s Switchblade 300 Selected for U.S. Marine Corps’ Organic Precision Fires-Light ProgramBusiness Wire
- Cloud Computing Thematic Intelligence Research Report 2024: Developing Custom Chips and Supporting Workloads [Yahoo! Finance]Yahoo! Finance
- AV Enters Teaming Agreement with Parry Labs to Develop Modular Next-Generation Long Range Reconnaissance UAS [Yahoo! Finance]Yahoo! Finance
AVAV
Earnings
- 3/4/24 - Beat
AVAV
Sec Filings
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- AVAV's page on the SEC website