NasdaqGS:AVAVAerospace & Defense
AeroVironment (NasdaqGS:AVAV) Sees Net Income Surge To US$17 Million In Latest Quarter
AeroVironment (NasdaqGS:AVAV) recently experienced significant developments, including a completed $875 million follow-on equity offering and a notable revenue increase in its fourth-quarter results, with net income rising from $6.05 million to $16.66 million. These financial milestones, alongside the advancement of its Wildcat UAS and the revenue guidance for fiscal year 2026 projecting substantial growth, likely bolstered the company’s share price by 121% in the last quarter. This sharp...