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Recap: AeroVironment Q2 Earnings

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Benzinga Insights
·1 min read
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Shares of AeroVironment (NASDAQ:AVAV) rose 0.61% after the company reported Q2 results.

Quarterly Results

Earnings per share increased 41.18% over the past year to $0.48, which beat the estimate of $0.31.

Revenue of $92,665,000 higher by 11.28% from the same period last year, which beat the estimate of $81,760,000.

Outlook

AeroVironment hasn't issued any earnings guidance for the time being.

AeroVironment hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Dec 08, 2020

View more earnings on AVAV

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/nna5xofb

Price Action

Company's 52-week high was at $92.91

Company's 52-week low was at $45.00

Price action over last quarter: Up 40.14%

Company Overview

AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States' allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.

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