Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article
Premium Content

AeroVironment posts third-quarter quarter loss despite growing revenue

By   /   Tuesday, March 6th, 2018  /   Comments Off on AeroVironment posts third-quarter quarter loss despite growing revenue

    Print       Email
Drone maker AeroVironment, with operations in Simi Valley, reported a loss of $837,000, or 4 cents per share, for its third quarter ended Jan. 27, despite a 20 percent increase in revenue. In a news release March 6, CEO Wahid Nawabi attributed the downturn to an estimated $3.1 million one-time expense related to changes to…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: LOG IN or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.
    Print       Email