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AeroVironment Fiscal Q1 Adjusted Earnings, Revenue Rise

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AeroVironment (AVAV) reported fiscal Q1 adjusted earnings late Wednesday of $0.59 per diluted share, up from $0.32 a year earlier.

Analysts surveyed by FactSet expected $0.22.

Revenue for the quarter ended Aug. 1 rose to $480.5 million from $454.7 million a year earlier.

Analysts expected $451.9 million.

For fiscal year 2027, the company maintained its revenue guidance at $2.13 billion to $2.23 billion and adjusted EPS forecast at $3.02 to $3.34.

Analysts expect adjusted EPS of $3.23 on revenue of $2.19 billion.

Shares of the company were up more than 3% in after-hours activity.

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