AeroVironment (AVAV) Tops Q3 EPS by 25c
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AeroVironment, Inc. Announces Fiscal 2017 Third Quarter Results
March 7, 2017 4:10 PM ESTMONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its third quarter ended January 28, 2017.
Strong third quarter order flow produced our third highest funded backlog of $128 million, significantly increasing our full year visibility, said Wahid Nawabi, AeroVironment chief executive officer. Our third quarter financial results exceeded our expectations, with $53.2 million in revenue, favorable revenue mix and lower spending. Continued strength in the international small... More
