AeroVironment Inc (NASDAQ:AVAV) reported third-quarter financial results for fiscal 2025 after the market close on Tuesday. Here’s a rundown of the report.
Q3 Earnings: AeroVironment reported third-quarter revenue of $167.6 million, missing estimates of $196.37 million, according to Benzinga Pro. The company reported third-quarter adjusted earnings of 30 cents per share, missing analyst estimates of 63 cents per share.
Total revenue was down 10% year-over-year, reflecting lower product sales and service revenue. AeroVironment reported a $3.1 million loss from operations in the third quarter. …