Jefferies Raises Price Target on AeroVironment (AVAV) to $27 Following EPS Beat
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AeroVironment, Inc. Announces Fiscal 2016 Fourth Quarter and Full Year Results
June 28, 2016 4:10 PM EDTMONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its fourth quarter ended April 30, 2016.
Fiscal 2016 fully diluted earnings per share increased 200 percent from the prior year to $0.39, we delivered revenue within our guidance range and exceeded gross profit margin guidance, including a favorable one-time government contract reserve reduction, said Wahid Nawabi, AeroVironment... More
