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-0.0553605801185065 -0.0694909204713044 -0.0579773098134691 -0.0475627256275179 -0.0527438504235439 -0.0383518371012497 -0.0370434722537684 -0.040288217075522
Stock impact report

AeroVironment Announces Fiscal 2025 Second 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
ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal second quarter ended October 26, 2024.Second Quarter Highlights:Record second quarter revenue of $188.5 million up 4% year-over-yearSecond quarter net income of $7.5 million and non-GAAP adjusted EBITDA of $25.9 millionFunded backlog of $467.1 million as of October 26, 2024Announced its entry into an agreement for the acquisition of BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion“AeroVironment continues to deliver strong results, including record second-quarter revenue along with a healthy funded backlog that is 25% higher than the prior quarter,” said Wahid Nawabi, AeroVironment chairman, president and chief executive officer. “Key wins from our Loitering Munition Systems segment continue to drive growth for the company.“We expect our proposed acquisition of BlueHalo to further advance our growth opport Show less Read more
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