AeroVironment, Inc. reported earnings results for the third quarter and nine months ended January 27, 2024. For the third quarter, the company reported revenue was USD 186.58 million compared to USD 134.4 million a year ago. Net income was USD 13.89 million compared to net loss of USD 0.676 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.
For the nine months, revenue was USD 519.74 million compared to USD 354.5 million a year ago. Net income was USD 53.62 million compared to net loss of USD 15.74 million a year ago. Basic earnings per share from continuing operations was USD 1.99 compared to basic loss per share from continuing operations of USD 0.63 a year ago. Diluted earnings per share from continuing operations was USD 1.98 compared to diluted loss per share from continuing operations of USD 0.63 a year ago.