AeroVironment Q4 delivers strong performance with revenue up 133% year-on-year

Glonghui, June 30 — U.S. drone manufacturer AeroVironment has announced its fourth-quarter results, with revenue surging 133% year-on-year to $641.6 million, exceeding market expectations of $556 million. Adjusted earnings per share were $1.84, also above the market expectation of $1.46. CEO Wahid Nawabi stated in a release that with growing global demand for drones, counter-drone systems, and space technologies, the company is well positioned to benefit. The company forecasts fiscal 2027 revenue will range between $2.13 billion and $2.23 billion, with adjusted earnings per share between $3.02 and $3.34, compared with market expectations of $2.17 billion and $3.94, respectively.