September 24, 2022
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AeroVironment reports 47 percent increase in second quarter revenue

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Unmanned aerial vehicle producer AeroVironment saw a 47 percent increase in revenue for its fiscal second quarter, boosting net income to $7.02 million and share prices up over $50. Product sales rose 80 percent for the company, which has major operations in Simi Valley, and total revenue reached $73.8 million for the quarter ended Oct.…

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