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AeroVironment, Inc. (NASDAQ:AVAV) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share increased to $-0.32 in the quarter versus EPS of $-0.06 in the year-earlier quarter. Revenue Decreased 24.81% to $44.12 million from the year-earlier quarter.
AeroVironment, Inc. reported adjusted EPS loss of $0.32 per share. By that measure, the company missed the mean analyst estimate of $-0.07. It beat the average revenue estimate of $43.78 million.