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Topic: AeroVironment

A military unmanned aerial vehicle.
Business
Tuesday, 6/30, 03:48 AM

AeroVironment Stock Surges About 19% on an Earnings Beat

  • Shares of AeroVironment jumped roughly 19% after the defense-drone maker posted a fiscal fourth-quarter earnings beat, with revenue topping $640 million and a swelling order backlog that underscores surging global demand for its loitering munitions and unmanned systems.

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