AeroVironment, Inc. Announces Fiscal 2021 Third Quarter Results
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AeroVironment (AVAV) Tops Q3 EPS by 14c, Updates Guidance
March 9, 2021 4:14 PM ESTAeroVironment (NASDAQ: AVAV) reported Q3 EPS of $0.14, $0.14 better than the analyst estimate of $0.00. Revenue for the quarter came in at $78.8 million versus the consensus estimate of $75.46 million.
GUIDANCE:
AeroVironment sees FY2021 EPS of $1.74-$1.94, versus the consensus of $1.86. AeroVironment sees FY2021 revenue of $400-410 million, versus the consensus of $405 million.
For fiscal 2021, the Company narrows its revenue expectations to between $400 million and $410 million, representing the upper half of its prior range. The Company now expects net income of $18 million to $23 million, adjusted EBITDA of $64 million to $69 million and... More