AeroVironment reports Q1 adjusted EPS 32c, consensus 34c

Reports Q1 revenue $454.7M, consensus $436.94M. “As we complete the first quarter of our new fiscal year, we are excited by the continued strength across both our Autonomous Systems and Space, Cyber and Directed Energy segments with record revenue and backlog,” said Wahid Nawabi, AeroVironment (AVAV) chairman, president and chief executive officer. “With a broad and diversified portfolio of solutions, we are confident in our ability to deliver best-in-class solutions that are aligned to our customers’ highest priorities in all domains across air, land, sea, space and cyber.”