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AeroVironment rises 19% after exceeding earnings expectations, with backlog increasing to $1.2 billion.

AeroVironment rises 19% after exceeding earnings expectations, with backlog increasing to $1.2 billion.

AeroVironment Reports Impressive Earnings Growth AeroVironment, the drone manufacturer, saw its stock surge by 19% following the release of its fourth-quarter earnings on Monday. The company’s figures surpassed both projected revenues and profits. Analysts had anticipated earnings of $1.46 per share, but AeroVironment delivered a stronger $1.84 per share. Additionally, sales reached $642 million, significantly […]