The Drone Specialist AeroVironment Surprises with a Solid Growth Surge!
Reading Time: 3 minutes
The shares of drone manufacturer AeroVironment picked up momentum after the company reported mixed but overall better-than-expected results for Q1 of fiscal year 2026. On Tuesday evening, AeroVironment announced an adjusted earnings per share (EPS) of 32 cents on revenue of $455 million. Wall Street had expected 33 cents and $438 million, respectively. AeroVironment completed its acquisition of BlueHalo in May, which boosted revenue by 140% year-over-year and complicated comparisons. Excluding BlueHalo, AeroVironment reported a 16% year-over-year...
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