AeroVironment (AVAV), the maker of those rooftop wind turbines, posted earnings results 4 cents better than expectations at .22/share (22% growth over year ago quarter) and revenues nearly 4 million ahead of expectations at 53.6 million (9% growth over year ago quarter). The company reaffirmed fiscal 09 guidance of 20 – 25% sales growth.… Read the rest
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AeroVironment (AVAV) Downgraded to Hold
AeroVironment (AVAV) was downgraded to Hold this morning by BB&T and the stock is selling off a bit on the news but holding at key short term support around 30 (the 20 day moving average). … Read the rest