AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion

According to CNBC, dronemaker AeroVironment beat earnings expectations on its autonomous systems business, with revenue outpacing forecasts by ninety million dollars. The stock surged nineteen percent, and the company's backlog grew to one point two billion dollars, reflecting sustained demand for its unmanned systems.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton