November 27, 2024
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AeroVironment misses analyst earnings estimates

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Simi Valley-based unmanned aircraft maker AeroVironment reported an 18 percent plunge in revenue for the third quarter to $61.9 million. A net loss of $1 million compared to a net income of $8.35 million in the previous third quarter, with loss per share of 4 cents missing analyst estimates. But shares rallied 9.5 percent March…

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