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Record Q1 revenue and backlog were driven by major contract wins in counter-UAS and ISR, with strong growth in Autonomous Systems and robust international demand. FY27 guidance was reaffirmed, supported by capacity expansions and a healthy book-to-bill ratio.Based on AeroVironment, Inc. [AVAV] Q1 2…
AeroVironment said first-quarter revenue was $480 million, funded backlog reached a record $1.5 billion and adjusted EBITDA was nearly $46 million. The company also booked $683 million and reaffirmed fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and adjusted EBITDA guidance of $305 million to $325 mi
Record Q1 revenue and backlog, major contract wins, and strong bookings position the company for robust FY27 growth. Guidance is reaffirmed, with significant investments in capacity and innovation supporting multi-year demand, especially in counter-UAS and directed energy markets.Based on AeroViron…