AeroVironment (AVAV) Misses Q1 EPS by 15c

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AeroVironment, Inc. Announces Fiscal 2016 First Quarter Results

September 1, 2015 4:10 PM EDT

SIMI VALLEY, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its first quarter ended August 1, 2015.

"Strong order flow in the first quarter resulted in funded backlog of $89 million, an increase of 37 percent over the prior quarter and a solid start to fiscal 2016," said Tim Conver, AeroVironment chairman and chief executive officer.... More