AeroVironment (AVAV) Misses Q1 EPS, Revenue Beats; Maintains Outltook

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AeroVironment Announces Fiscal 2023 First Quarter Results

September 7, 2022 4:10 PM EDT

ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today reported financial results for the first quarter ended July 30, 2022.

First Quarter Highlights

First quarter revenue of $108.5 million, up 7% year-over-year First quarter gross margin of $33.7 million, an increase of 17% year-over-year; gross margin percentage rose approximately 300... More