AeroVironment (AVAV) reported impressive Q3 earnings with a 39% revenue increase to $186.6 million, surpassing the consensus estimate. The stock soared by 16.7% pre-market, reflecting raised FY2024 guidance and record revenue. AVAV's performance indicates a strong position in the Next Gen Warfare sector.
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$AVAV (+16.7% pre) AeroVironment Inc (AVAV) Soars with Record Q3 Revenue and Raised FY2024 Guidance https://t.co/MKcl9ATtOr
$AVAV | AeroVironment Q3 Earnings: Revenue Beat, EPS Beat, 'Increased Global Demand' And More AeroVironment's third-quarter revenue increased 39% year-over-year to $186.6 million, which beat the consensus estimate of $170.625 million. The company reports quarterly earnings of… https://t.co/gtJR7E44TK
$AVAV absolutely smashed earnings Next Gen Warfare is where it's at