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Stock impact report

AeroVironment, Inc. Announces Fiscal 2019 Full Year and Fourth Quarter Results

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Business Wire
SIMI VALLEY, Calif.--(BUSINESS WIRE)--AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its full year and fourth quarter ended April 30, 2019.Revenue of $314.3 million, up 17 percent year-over-yearGross margin of 41 percent, up 1 percentage point year-over-yearFull year earnings per diluted share from continuing operations of $1.74, including a one-time gain of $0.26 from a litigation settlement, up $0.83 from one year ago“Our team delivered outstanding results in fiscal 2019, increasing full year revenue by 17 percent and earnings per share by 91 percent, including a one-time litigation settlement gain,” said Wahid Nawabi, AeroVironment president and chief executive officer. “By diversifying our investments, including our partial ownership of the HAPSMobile Inc. joint venture, we strengthened our position as an industry leader, accelerated our growth strategy and expanded our footprint. We continue to transform AeroVironment to compete effectively into the f Show less Read more
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