AeroVironment (AVAV) Tops Q1 EPS by 15c

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AeroVironment, Inc. Announces Fiscal 2018 First Quarter Results

August 29, 2017 4:10 PM EDT

MONROVIA, Calif.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its first quarter ended July 29, 2017.

The AeroVironment team successfully executed our plan in the first quarter, delivering $43.8 million in revenue, a 21 percent increase over first quarter fiscal 2017, and loss per share of $0.19, a 63 percent improvement over fiscal 2017, said Wahid Nawabi, AeroVironment president and... More