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AeroVironment Surprises with Strong Q4 | Business and Finance News
Description
AeroVironment just shattered expectations with a jaw-dropping Q4 report—revenue jumped over 100% YoY to $641.6M, crushing estimates, and EPS soared to $1.84, sending shares up 20% in early trading. After a brutal year marked by canceled contracts and accounting woes, the company’s turnaround is undeniable. CEO Wahid Nawabi calls FY2026 “transformational,” fueled by their biggest acquisition ever and a booming counter-drone business that generated $200M last year and is poised for explosive growth. Looking ahead, they’re targeting $2.13B–$2.23B in revenue for FY2027, signaling a massive uptick in demand as drone tech surges forward.
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