AeroVironment Inc (NASDAQ:AVAV) reported financial results for the first quarter of fiscal 2025 after the bell on Wednesday. Here’s a rundown of the report.
Q1 Earnings: AeroVironment reported first-quarter revenue of $189.48 million, beating the consensus estimate of $184.71 million, according to Benzinga Pro. The company reported adjusted earnings of 89 cents per share, beating analyst estimates of 66 cents per share.
First-quarter revenue was up 24% year-over-year, reflecting higher product sales of $40 million, partially offset by a decrease in service revenue of $2.9 million. Income from ...
