January 28, 2023
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AeroVironment profit down but double what analysts expected


Simi Valley drone manufacturer AeroVironment reported a dip in earnings for its fiscal first quarter but an 11 percent jump in revenue, sending its stock up 6 percent Sept. 5. Revenue rose to $86.9 million for the quarter ended July 27, up from $78 million for the same period the prior year, the company reported…


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