Tag Archives: unmanned drones

Aerovironment (AVAV) Beats On EPS & Revenues, Sees Opportunity In Defense & Electric Cars Infrastructure

Aerovironment (AVAV) is pushing higher in after hours trading after beating both EPS and revenue estimates by a small margin.  While EPS came in 10% lower than the year ago quarter, it did beat analyst estimates by a penny a share.  Revenues increased 18% over the year ago quarter and also beat estimates (by about 5%).  The company attributed the revenue increase to stronger sales in the Unmanned Aircraft Systems (up $9.4 million) and Efficient … Read the rest