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Aerovironment releases quarterly earnings report

By   /   Friday, November 30th, 2018  /   Comments Off on Aerovironment releases quarterly earnings report

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Aerovironment shares plunged ahead of its earnings report Nov. 30, losing more than 16 percent to $76.60. Earnings for the Simi Valley manufacturer of unmanned aerial vehicles decreased more than 20 percent to $6.1 million on reported revenue of $73 million, up 11 percent from the previous second quarter. Margins fell 6 percent to $28.4…

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