Piper Jaffray Cuts Price Target on AeroVironment (AVAV) to $31 Following Weak 1Q Results

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AeroVironment, Inc. Announces Fiscal 2017 First Quarter Results

August 30, 2016 4:10 PM EDT

MONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its first quarter ended July 30, 2016.

During the quarter we focused on executing our strategy and generated results in line with guidance and historical seasonality for our business, said Wahid Nawabi, AeroVironment chief executive officer. International demand for our small UAS remains strong, and... More