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AeroVironment Rises 6% as Post-Earnings Recovery Outpaces Drone Group; Ondas Ticks Up, Red Cat Barely Budges
24/7 Wall St.5d agoneutral
AeroVironment Rises 6% as Post-Earnings Recovery Outpaces Drone Group; Ondas Ticks Up, Red Cat Barely Budges

AeroVironment (NASDAQ:AVAV) stock is up 6% to $155.22 midday Monday, extending a post-earnings recovery the rest of the drone group hasn’t joined. The move follows the defense contractor’s fiscal first-quarter results reported earlier this month. The gain still leaves AeroVironment shares down 36% year to date. Ondas (NASDAQ:ONDS) stock is rising 2% to $7.37 on […]

AeroVironment Q1 Earnings Call Highlights
MarketBeat10d agoneutral
AeroVironment Q1 Earnings Call Highlights

AeroVironment (NASDAQ:AVAV) reported record first-quarter fiscal 2027 revenue and funded backlog, while reaffirming its full-year outlook as it expands production capacity for uncrewed systems, loitering munitions and counter-drone technologies. Revenue for the quarter totaled $480 million, accordi

AeroVironment Stock Jumps. There Is Still Growth for Drones.
Barrons.com10d agobullish
AeroVironment Stock Jumps. There Is Still Growth for Drones.

FEATURE Quarterly results from drone maker AeroVironment were a relief for investors. There is still growth for defense contractors selling drones and drone-related tech. AeroVironment announced fiscal first quarter 2027 earnings of 59 cents a share from sales of $480.

Investing.com10d agobullish
AeroVironment surges 4% on Q1 earnings beat

Investing.com -- AeroVironment Inc (NASDAQ:AVAV) reported first quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.59, beating the consensus estimate of $0.30 by $0.29. Revenue reached a record $480.5 million, surpassing the analyst estimate of $459.89 million and representing a 6% increase from $454.7 million in the same quarter last year.

AeroVironment (AVAV) Faces Lawsuits And Restates Earnings Over $89 Million Error
Simply Wall St.87d agobearish
AeroVironment (AVAV) Faces Lawsuits And Restates Earnings Over $89 Million Error

AeroVironment (NasdaqGS:AVAV) has disclosed a significant accounting error tied to its space unit, leading to an $89 million goodwill impairment restatement. The company is facing multiple securities fraud class action lawsuits that allege misleading statements about major government contracts. AeroVironment has also reported weaknesses in its internal controls over financial reporting, raising questions about the reliability of past figures. AeroVironment enters this period of scrutiny...