AeroVironment (AVAV) Tops Q4 EPS by 14c; Issues FY16 Revenue Outlook

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AeroVironment, Inc. Announces Fiscal 2015 Fourth Quarter and Full Year Results

June 30, 2015 4:10 PM EDT

MONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its fourth quarter ended April 30, 2015.

Fourth quarter revenue of $86 million increased by 18 percent and gross profit increased by 50 percent year-over-year. During the quarter, we strengthened our market positions, moved key programs forward to generate value, and focused on innovation, said Tim Conver, AeroVironment chairman and chief executive officer. Throughout fiscal year... More