AeroVironment (AVAV) Misses Q3 EPS by 8c, Revenue Beats, Offers Guidance

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AeroVironment Announces Fiscal 2023 Third Quarter Results

March 6, 2023 4:10 PM EST

ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today reported financial results for the fiscal third quarter ended January 28, 2023.

Third Quarter Highlights

Third quarter revenue of $134.4 million, up 49% year-over-year Third quarter gross margin of $45.5 million, an increase of 112% year-over-year; gross margin percentage of 34% rose... More