AeroVironment, Inc. Summarizes Key First Quarter Fiscal 2017 Earnings Messages

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Stifel Remains Sidelined on AeroVironment (AVAV) Following 1Q Report

August 31, 2016 10:16 AM EDT

Stifel reiterated a Hold rating on AeroVironment (NASDAQ: AVAV) following the company's 1Q earnings report. AV took a $1.8m charge in 1Q to account for higher warranty costs. Management indicated that, excluding the higher warranty costs in 1Q, results were largely in line with expectations.

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