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Airo Shares Rise Following Higher Q2 Revenue
Airo Group (AIRO) shares rose nearly 26% in Thursday trading after Q2 revenue increased year over year.The company reported a Q2 net loss Thursday of $0.06 per diluted share, swinging from earnings of $0.30 a year earlier.Three analysts polled by FactSet expected a loss of $0.30.Revenue for the quarter ended June 30 was $43.2 million, up from $24.6 million a year earlier.Three analysts expected $31.1 million.The company said it reiterates its full-year 2026 revenue growth expectations of 15% to 25%.Price: $10.68, Change: $+2.19, Percent Change: +25.80%
$AIRO
