The business recorded adjusted earnings of $1.84 per share in the latest quarter, representing year-over-year growth from earnings of $1.61 per share and exceeding analyst estimates of earnings of $1.46 per share.
The enterprise disclosed quarterly revenue of $641.62 million, representing year-over-year growth from $275.05 million while also topping analyst forecasts of $558.81 million.
Looking forward, AeroVironment shared profit guidance for the fiscal year 2027 in the range of $3.02 to $3.34 per share, compared with analyst expectations of $3.98 per share. sales guidance was set between $2.13 billion and $2.23 billion, versus consensus estimates of $2.19 billion.
Wahid Nawabi, chairman, president and chief executive officer, stated, “Fiscal 2026 marked a transformational year for AV, which included the completion of our largest acquisition, meaningful investments toward diversifying our portfolio in critical areas aligned to our customer’s highest priorities, and the strongest financial performance in our history.”
