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AeroVironment Inc (AVAV.OQ)

AVAV.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Aerovironment Inc reports qtrly net income per share of $0.24
Tuesday, 25 Jun 2019 

June 25 (Reuters) - AeroVironment Inc ::AEROVIRONMENT, INC. ANNOUNCES FISCAL 2019 FULL YEAR AND FOURTH QUARTER RESULTS.Q4 REVENUE $87.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $82.4 MILLION.SEES FY 2020 EARNINGS PER SHARE $1.35 TO $1.55.SEES FY 2020 REVENUE $350 MILLION TO $370 MILLION.Q4 EARNINGS PER SHARE $0.26 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE ESTIMATE $0.26 -- REFINITIV IBES DATA.AS OF APRIL 30, 2019, FUNDED BACKLOG WAS $164.3 MILLION.QTRLY NET INCOME PER SHARE $0.24.AEROVIRONMENT - EXPECTS FISCAL 2020 NON-GAAP EARNINGS PER DILUTED SHARE TO BE BETWEEN $1.47 AND $1.67.FY2020 EARNINGS PER SHARE VIEW $1.60, REVENUE VIEW $351.6 MILLION -- REFINITIV IBES DATA.  Full Article

AeroVironment Acquires VTOL UAS Developer Pulse Aerospace For $25.7 Million
Tuesday, 11 Jun 2019 

June 11 (Reuters) - AeroVironment Inc ::AEROVIRONMENT ACQUIRES VTOL UAS DEVELOPER PULSE AEROSPACE, LLC FOR $25.7 MILLION TO STRENGTHEN FAMILY OF SMALL UNMANNED AIRCRAFT SYSTEMS.AEROVIRONMENT INC - ACQUISITION EXPECTED TO BE ACCRETIVE TO AEROVIRONMENT EARNINGS BY THIRD FULL YEAR OF OPERATIONS.AEROVIRONMENT INC - ACQUISITION EXPECTED TO BE ACCRETIVE TO AEROVIRONMENT EARNINGS BY THIRD FULL YEAR OF OPERATIONS.AEROVIRONMENT INC - DEAL FOR $25.7 MILLION IN CASH, INCLUDING MILESTONE-BASED EARN-OUT PAYMENTS OF $5 MILLION.AEROVIRONMENT INC - DEAL FOR FINANCED TRANSACTION ENTIRELY FROM AVAILABLE CASH ON HAND..AEROVIRONMENT INC - PULSE AEROSPACE'S LAWRENCE, KANSAS FACILITY WILL BECOME AEROVIRONMENT INNOVATION CENTER - MIDWEST.  Full Article

Aerovironment Inc Announces Fiscal 2019 Third Quarter Results
Tuesday, 5 Mar 2019 

March 5 (Reuters) - AeroVironment Inc ::AEROVIRONMENT, INC. ANNOUNCES FISCAL 2019 THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE $0.35 FROM CONTINUING OPERATIONS.Q3 REVENUE $75.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $75.3 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.14 -- REFINITIV IBES DATA.SEES FY 2019 EARNINGS PER SHARE $1.60 TO $1.80 FROM CONTINUING OPERATIONS.SEES FY 2019 REVENUE $300 MILLION TO $310 MILLION.AEROVIRONMENT - FY EXPECTATIONS FOR DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS INCLUDE ONE-TIME GAIN OF $0.26 FROM LITIGATION SETTLEMENT.AS OF JANUARY 26, 2019, FUNDED BACKLOG WAS $132.5 MILLION.  Full Article

Aerovironment Says Q2 SHR $0.29 From Cont Ops
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - AeroVironment Inc ::AEROVIRONMENT, INC. ANNOUNCES FISCAL 2019 SECOND QUARTER RESULTS.AEROVIRONMENT PREVIOUSLY EXPECTED FY 2019 EARNINGS PER SHARE $1.10 TO $1.40 .Q2 REVENUE $73 MILLION VERSUS REFINITIV IBES ESTIMATE OF $74.5 MILLION.SEES FY 2019 EARNINGS PER SHARE $1.30 TO $1.50 FROM CONTINUING OPERATIONS.SEES FY 2019 REVENUE UP 12 PERCENT TO 15 PERCENT.SEES FY 2019 REVENUE $300 MILLION TO $310 MILLION.NARROWING AND RAISING OUR FULL YEAR FINANCIAL EXPECTATIONS FOR FISCAL YEAR 2019.FY2019 EARNINGS PER SHARE VIEW $1.35, REVENUE VIEW $307.1 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE $0.29 FROM CONTINUING OPERATIONS.AEROVIRONMENT - AS OF OCTOBER 27, 2018, FUNDED BACKLOG WAS $163.9 MILLION COMPARED TO $113.5 MILLION AS OF OCTOBER 28, 2017.  Full Article

AeroVironment Announces Fiscal 2019 Second Quarter Results
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - AeroVironment Inc ::AEROVIRONMENT, INC. ANNOUNCES FISCAL 2019 SECOND QUARTER RESULTS.Q2 REVENUE $73 MILLION VERSUS REFINITIV IBES ESTIMATE OF $74.5 MILLION.SEES FY 2019 EARNINGS PER SHARE $1.30 TO $1.50 FROM CONTINUING OPERATIONS.SEES FY 2019 EARNINGS PER SHARE $1.10 TO $1.40.SEES FY 2019 REVENUE UP 12 TO 15 PERCENT.SEES FY 2019 REVENUE $300 MILLION TO $310 MILLION.NARROWING AND RAISING OUR FULL YEAR FINANCIAL EXPECTATIONS FOR FISCAL YEAR 2019.FY2019 EARNINGS PER SHARE VIEW $1.35, REVENUE VIEW $307.1 MILLION -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE $0.29 FROM CONTINUING OPERATIONS.AEROVIRONMENT - AS OF OCTOBER 27, 2018, FUNDED BACKLOG WAS $163.9 MILLION COMPARED TO $113.5 MILLION AS OF OCTOBER 28, 2017.  Full Article

AeroVironment And General Dynamics Land Systems Join Forces To Integrate Unmanned Aircraft And Tactical Missile Systems With Armored Combat Vehicles
Monday, 8 Oct 2018 

Oct 8 (Reuters) - AeroVironment Inc ::AEROVIRONMENT AND GENERAL DYNAMICS LAND SYSTEMS JOIN FORCES TO INTEGRATE UNMANNED AIRCRAFT AND TACTICAL MISSILE SYSTEMS WITH ARMORED COMBAT VEHICLES.AEROVIRONMENT - COLLABORATIVE PROJECTS ADDRESS UPCOMING U.S. ARMY NEXT GENERATION COMBAT VEHICLE & U.S. MARINES ARMORED RECONNAISSANCE VEHICLE PROGRAMS.  Full Article

AeroVironment Expects Known Costs Associated With EES Business sale To Be About $1.8 Mln
Tuesday, 3 Jul 2018 

July 3 (Reuters) - AeroVironment Inc ::AEROVIRONMENT INC - NOW EXPECTS KNOWN COSTS ASSOCIATED WITH SALE OF EES BUSINESS TO BE ABOUT $1.8 MILLION IN AGGREGATE -SEC FILING.AEROVIRONMENT INC - ON JUNE 29, CO & WEBASTO CHARGING SYSTEMS ENTERED INTO A SIDE LETTER AGREEMENT RELATED TO CO'S EFFICIENT ENERGY SYSTEMS BUSINESS.AEROVIRONMENT - PURCHASE PRICE FOR EES BUSINESS TO BE REDUCED BY $6.5 MILLION UNTIL CERTAIN APPROVALS FROM SOME CUSTOMERS OF EES BUSINESS ARE OBTAINED.  Full Article

Webasto To Acquire Aerovironment Electric Vehicle Charging And Test Systems Business
Monday, 4 Jun 2018 

AeroVironment Inc ::WEBASTO TO ACQUIRE AEROVIRONMENT ELECTRIC VEHICLE CHARGING AND TEST SYSTEMS BUSINESS.AEROVIRONMENT INC - DEAL FOR FOR $35 MILLION.AEROVIRONMENT - WEBASTO WILL RETAIN ALL EXISTING EES EMPLOYEES.  Full Article

Aerovironment Announces Joint Venture And Solar High-Altitude Unmanned Aircraft System Development Program
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Aerovironment Inc ::AEROVIRONMENT ANNOUNCES JOINT VENTURE AND SOLAR HIGH-ALTITUDE LONG-ENDURANCE UNMANNED AIRCRAFT SYSTEM DEVELOPMENT PROGRAM.AEROVIRONMENT INC - ‍FORMATION OF JV TO DEVELOP SOLAR-POWERED HIGH-ALTITUDE LONG-ENDURANCE, OR HALE, UAS FOR COMMERCIAL OPERATIONS​.AEROVIRONMENT SAYS JV WILL FUND DEVELOPMENT PROGRAM UP TO NET MAXIMUM VALUE OF $65 MILLION.AEROVIRONMENT INC - CO COMMITTED TO CONTRIBUTE $5 MILLION IN CAPITAL FOR ITS 5 PERCENT OWNERSHIP OF JOINT VENTURE.AEROVIRONMENT SAYS HAS OPTION TO INCREASE OWNERSHIP STAKE IN JV UP TO 19 PERCENT.AEROVIRONMENT- SOFTBANK, CO AGREED TO LICENSE CERTAIN BACKGROUND INTELLECTUAL PROPERTIES TO HAPSMOBILE.AEROVIRONMENT-UNDER DEAL WITH SOFTBANK, CO WILL GET EXCLUSIVE RIGHTS TO INTELLECTUAL PROPERTY FOR CERTAIN NON-COMMERCIAL APPLICATIONS, EXCEPT IN JAPAN.AEROVIRONMENT - ALSO POSSESSES EXCLUSIVE RIGHTS TO DESIGN, MANUFACTURE ALL AIRCRAFT IN FUTURE FOR HAPSMOBILE, SUBJECT TO TERMS OF JV AGREEMENT.  Full Article

AeroVironment reports Q2 Earnings Per Share $0.29
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Aerovironment Inc ::AEROVIRONMENT, INC. ANNOUNCES FISCAL 2018 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.29.Q2 EARNINGS PER SHARE VIEW $-0.06 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $0.45 TO $0.65.SEES FY 2018 REVENUE $280 MILLION TO $300 MILLION.- AS OF OCT 28, 2017, FUNDED BACKLOG WAS $127.1 MILLION COMPARED TO $78.0 MILLION AS OF APRIL 30, 2017.  Full Article

UPDATE 1-SoftBank invests in Alphabet business for cellphone antennas in the sky

SAN FRANCISCO, April 24 A SoftBank Corp subsidiary said on Wednesday it had invested $125 million in an Alphabet Inc company that is working to fly cellphone antennas high in the atmosphere to provide internet in areas that are difficult to reach.