AeroVironment shares jump 10% after record Q1 revenue beats
AeroVironment reported record fiscal first-quarter revenue of $480.5 million and earnings that exceeded Wall Street expectations, per a Wednesday press release. Shares climbed 10% on the results.
AeroVironment NASDAQ:AVAV shares climbed 10% after the defense technology company said fiscal first-quarter revenue hit a record and earnings topped Wall Street expectations in a Wednesday press release. 5 million, up 6% from a year earlier and $24 above Wall Street expectations.