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AeroVironment Inc. - AVAV STOCK NEWS

Welcome to our dedicated news page for AeroVironment (Ticker: AVAV), a resource for investors and traders seeking the latest updates and insights on AeroVironment.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AeroVironment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AeroVironment's position in the market.

Rhea-AI Summary
AeroVironment reports Q1 revenue of $152.3 million, up 40% YoY, and net income of $21.9 million. Record funded backlog of $539.7 million. Raising revenue and Non-GAAP adjusted EBITDA guidance ranges for FY2024. Acquisition of Tomahawk Robotics expected to enhance product portfolio. Outlook for FY2024: revenue of $645-675 million, net income of $51-59 million, Non-GAAP adjusted EBITDA of $117-127 million.
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20.74%
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AeroVironment to present at Jefferies Industrials Conference
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0.54%
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conferences
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Rhea-AI Summary
AeroVironment, Inc. will release Q1 financial results on September 5. Conference call to discuss results will be held at 4:30 p.m. ET. Investors can access the call via participant registration link or listen to the live audio webcast. Audio replay will be available on the company's website.
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1.93%
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AeroVironment to acquire Tomahawk Robotics for $120 million in cash and stock. The acquisition will enhance interoperability and interconnectivity of unmanned systems, allowing warfighters to operate connected robotic solutions in the battlefield and share information between multiple domains with one common controller.
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1.65%
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AeroVironment, Inc. has nominated Mary Beth Long as a Class II director on the company's Board of Directors. Elections will take place at the Annual Shareholder meeting on September 29. Ms. Long's nomination fills the board position that will be vacated by Catharine Marigold. The board will maintain its current composition of seven individuals, including six independent directors.
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1.07%
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management
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0.82%
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management
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4.86%
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-0.69%
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Rhea-AI Summary
American University Kyiv receives a substantial donation from AeroVironment to finance the Build Solid Futures scholarship program for talented Ukrainian students.
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1.4%
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-2.24%
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AeroVironment Inc.

Nasdaq:AVAV

AVAV Rankings

AVAV Stock Data

4.21B
27.55M
1.07%
87.94%
2.65%
Small Arms Ammunition Manufacturing
Manufacturing
Link
US
Simi Valley

About AVAV

since aerovironment's beginnings more than 45 years ago, our scientists and engineers have sought innovative solutions to many of our most difficult security, energy and infrastructure management challenges. but as remarkable as our products are, it's the actionable intelligence they provide our customers that most clearly defines our company. from the moment we developed our breakthrough unmanned aircraft systems, we understood their primary benefit—giving people the ability to see the situation ahead. with aerovironment's sophisticated eyes in the sky, we could provide life-saving intelligence, reconnaissance and surveillance for our troops on the battlefield. today, aerovironment has become the acknowledged expert and largest supplier of small, unmanned aircraft systems (uas) to the pentagon and to dozens of allied nations. as effective as our small uas have become on the battlefront, they promise to be equally life-saving on the home front. aerovironment's family of integrated and