AeroVironment starts fiscal year strong with record sales
IN THIS ARTICLE
- Earnings Topic
- Jorge Mercado Author
By Jorge Mercado Wednesday, September 4th, 2024
Drone maker AeroVironment handily beat analysts' expectations to start its 2024-25 fiscal year when it shared its results for the first quarter on Sept. 4. Shared after the markets closed, AeroVironment, which is headquartered in Virginia but still maintains major operations in Moorpark, recorded record first-quarter sales of $189.5 million, up 24% year-over-year. Moreover, first-quarter net income…