AeroVironment narrows 1Q loss as revenue rises
AeroVironment reported a fiscal first-quarter loss of $5.1 million, or 10 cents a share, compared with a year-earlier loss of $67.4 million, or $1.44 a share. The company said higher sales of its autonomous defense systems boosted revenue.
AeroVironment narrowed its fiscal first-quarter loss as higher sales of its autonomous defense systems lifted revenue. 44 a share, a year earlier.