AeroVironment reports strong third quarter earnings

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AeroVironment reports strong third quarter earnings

By Staff Report / Tuesday, March 5th, 2019 / Comments Off on AeroVironment reports strong third quarter earnings

Simi Valley drone manufacturer AeroVironment delivered an earnings surprise March 5 and increased its guidance for the current quarter, sending its stock soaring more than 10 percent after market close. Product sales rose more than 26 percent to $50 million for the company’s third quarter ended Jan. 26, and overall revenues rose 38 percent to…

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