May 20, 2022
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article

AeroVironment beats expectations but stock falls

IN THIS ARTICLE

Full-year revenues that topped analyst expectations weren’t enough to stave off a 9 percent drop in Simi Valley drone manufacturer AeroVironment's stock after trading closed June 25. The company reported a 17 percent increase in revenue for the year to $314.3 million, topping its own guidance and analyst expectations of $308.75 million. Net income rose…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.