AVAV - AeroVironment Q3 Earnings: Revenue Beat EPS Beat 'Increased Global Demand' And More | Benzinga
AeroVironment Inc (NASDAQ:AVAV) reported fiscal third-quarter financial results Monday after the close. Here’s a look at the key metrics from the quarter.
Q3 Earnings: AeroVironment’s third-quarter revenue increased 39% year-over-year to $186.6 million, which beat the consensus estimate of $170.625 million, according to Benzinga Pro. The company reported quarterly earnings of 63 cents per share, which beat analyst estimates of 33 cents per share.
AeroVironment’s strong quarterly results reflect higher product sales of $64.7 million, partially offset by lower service revenue of $12.5 million. Income from operations was $14.3 ...