$AVAV (AeroVironment, Inc.)

$AVAV {{ '2016-04-04T13:25:47+0000' | timeago}} • Announcement

$AVAV said its BoD appointed Wahid Nawabi, currently president and COO, as CEO and a member of the BoD, effective May 2, 2016. Nawabi succeeds Tim Conver, who will retire as CEO effective May 1, and remain chairman of the Board.

$AVAV {{ '2017-06-27T21:25:49+0000' | timeago}} • Webcast

For fiscal 2018, $AVAV plans to spend between 9% and 10% of revenue in internal research and development investments. The company has spent about 8% of its revenue in R&D during fiscal 2017.

$AVAV {{ '2017-06-27T21:06:28+0000' | timeago}} • Webcast

$AVAV's investments in its Tactical Missile Systems (TMS) business continue to bear fruits. TMS revenue in FY11 was about $6MM, growing to more than $40MM in FY16. In FY17, TMS revenue grew to more than $75MM, up more than 80% over the previous year. From FY11, this represents a CAGR of 56%. TMS now accounts for 29% of total company revenue.

$AVAV {{ '2017-06-27T20:47:28+0000' | timeago}} • Announcement

For FY18, $AVAV expects to generate revenue of between $280MM and $300MM, and earnings per diluted share of between $0.45 and $0.65. For 1Q18, AeroVironment sees revenue of $40-44MM, and loss per diluted share of $0.32 -0.40.

$AVAV {{ '2017-06-27T20:44:18+0000' | timeago}} • Announcement

$AVAV's 4Q17 revenue soared 48% to $125.4MM, with net attributable income jumping more than five-fold to $30.5MM from last year's $5.4MM. Diluted EPS was $1.30 vs. $0.23 a year ago.

$AVAV {{ '2017-03-07T21:32:18+0000' | timeago}} • Announcement

For FY17, $AVAV expects its revenue to be in the range of $260-280MM and fully diluted EPS to be be in the range of $0.20-0.35.

$AVAV {{ '2017-03-07T21:30:56+0000' | timeago}} • Announcement

Technology company $AVAV reported 3Q17 net loss of $2.2MM, $0.09 per share, compared to net income of $6.2MM, or $0.27 per share during 3Q16, mainly due to decrease in sales in Unmanned Aircraft Systems segment and lower product margin. Revenue fell 21% YoY to $53.2MM.

$AVAV {{ '2016-12-20T14:35:05+0000' | timeago}} • Announcement

$AVAV appointed Teresa Covington as CFO, effective March 1, 2017. Covington will succeed Raymond Cook, who is resigning as SVP and CFO, effective Feb. 28, 2017 due to medical reasons.

$AVAV {{ '2016-12-07T17:41:09+0000' | timeago}} • Webcast

$AVAV said that the Netherlands awarded a $10.3MM contract for Raven digital upgrades, Puma AE and Wasp AE systems becoming a full family of systems customer having first purchased Raven systems. The company achieved a key milestone for Switchblade with a new $22.8MM contract for the Army for Block 10C system in October.

$AVAV {{ '2016-12-07T17:39:04+0000' | timeago}} • Webcast

$AVAV said it received an order for 30 of its Snipe Unmanned Aircraft Systems for early evaluation, remaining strong in its position in the domestic defense market. The company increased its international UAS footprint to more than 35 allied nations and deployed more than 40,000 Level 2 chargers.

$AVAV {{ '2016-12-07T17:31:17+0000' | timeago}} • Webcast

$AVAV's UAS segment revenue decreased $15.8MM to $40.8MM, hurt by a decrease in product deliveries of $21.5MM. EES revenue increased $1.1MM to $9.3MM, helped by an increase in product deliveries of passenger fleet, electric vehicle charging systems.

$AVAV {{ '2016-12-07T17:27:31+0000' | timeago}} • Webcast

$AVAV said a Navy destroyer deployed with its Puma AE shipboard Precision Landing System. This demonstrates another step towards the adoption of Puma systems on the Navy’s more than 60 guided missile destroyers. The company expects to work collaboratively toward increased naval adoption of Puma AE and its Precision Landing System.

$AVAV {{ '2016-12-07T17:27:01+0000' | timeago}} • Webcast

$AVAV made great progress on its bookings plan as expected by increasing funded backlog by $22.4MM to $119.6MM. The company invested about $1.9MM or 4% of revenue in property improvements and capital equipment and recognized $1.7MM of depreciation and amortization expense.

$AVAV {{ '2016-12-06T21:39:59+0000' | timeago}} • Announcement

$AVAV expects 3Q17 revenue of $50-52MM and loss per share of $0.34-0.38. For FY17, the company expects to generate revenue of $260-280MM and EPS of $0.20-0.35. $AVAV expects robust demand for small unmanned aircraft systems and support services from international customers across the globe.

$AVAV {{ '2016-12-06T21:37:30+0000' | timeago}} • Announcement

Unmanned aircrafts maker $AVAV slipped to 2Q17 loss from profit last year, due to decline in sales from unmanned aircraft systems segment as well as lower product margin. Net loss was $4.17MM or $0.18 per share compared to profit of $4.42MM or $0.19 per share last year. Revenue fell to $50.12MM from $64.73MM.

$AVAV {{ '2016-08-31T06:25:16+0000' | timeago}} • Webcast

$AVAV's cash, cash equivalents and investments at end 1Q17 were $257.2MM. Company invested about $2.6MM or 7% of revenue in property improvements and capital equipment and recognized $1.7MM of depreciation in the quarter.

$AVAV {{ '2016-08-31T06:25:00+0000' | timeago}} • Webcast

In 1Q17, $AVAV's operating loss was $15.6MM or 43% of revenue versus operating loss of $9.1MM or 19% of revenue in 1Q16. The increase was mainly due to lower revenue and GM dollars. Effective income tax benefit rate was 24.9% in 1Q17 versus 37.8% in 1Q16.

$AVAV {{ '2016-08-31T06:24:43+0000' | timeago}} • Webcast

$AVAV's 1Q17 GM fell to $6.7MM or 18%, mainly due to a decline in product margin. Product GM percentage was 3.3% and service margin was consistent at 30.1%. SG&A expense was $13.7MM or 38% of revenue and R&D expense was $8.6MM or 24% of revenue in the quarter.

$AVAV {{ '2016-08-31T06:24:19+0000' | timeago}} • Webcast

$AVAV expects 2Q17 and remainder of FY17 GMs to increase and move closer to historical levels after adjusting for incremental sustaining engineering expense. Funded backlog at end 1Q17 fell about 16% to $74.7MM versus end 1Q16, and is expected to be about 51% for FY17.

$AVAV {{ '2016-08-31T06:23:59+0000' | timeago}} • Webcast

Technology company $AVAV's 1Q17 revenue fell 23% versus 1Q16. Unmanned Aircraft Systems (UAS) segment revenue fell 24% due to dip in product deliveries and customer funded R&D work. Efficient Energy Systems (EES) revenue fell 17% due to dip in product delivery of power processing products and industrial fast charge systems.

$AVAV {{ '2016-08-30T20:26:20+0000' | timeago}} • Announcement

CEO Wahid Nawabi said $AVAV expects a higher proportion of full year revenue in 2H17 while working to achieve its FY17 goals. The company is focused on executing its strategy to deliver high long-term growth with near-term progress in key initiatives, Nawabi added.

Recent Transcripts

LLL (L-3 Communications Holdings Inc.)
Thursday, July 27 2017 - 3:00pm
NOC (Northrop Grumman Corporation)
Wednesday, July 26 2017 - 4:00pm
BA (The Boeing Company)
Wednesday, July 26 2017 - 2:30pm
TGI (Triumph Group, Inc.)
Wednesday, July 26 2017 - 12:30pm
UTX (United Technologies Corporation)
Tuesday, July 25 2017 - 12:30pm
OMAB (Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.)
Monday, July 24 2017 - 3:00pm
ASR (Grupo Aeroportuario del Sureste, SAB de CV)
Friday, July 21 2017 - 3:30pm
PLXS (Plexus Corp.)
Thursday, July 20 2017 - 12:30pm
ABB (ABB Ltd.)
Thursday, July 20 2017 - 12:00pm
TXT (Textron Inc.)
Wednesday, July 19 2017 - 12:00pm
AVAV (AeroVironment, Inc.)
Tuesday, June 27 2017 - 8:30pm
ROLL (RBC Bearings Inc.)
Wednesday, May 31 2017 - 3:00pm
TGI (Triumph Group, Inc.)
Wednesday, May 24 2017 - 12:30pm
RAVN (Raven Industries Inc.)
Tuesday, May 23 2017 - 2:00pm
SYPR (Sypris Solutions Inc.)
Tuesday, May 16 2017 - 1:00pm
TGEN (Tecogen Inc)
Thursday, May 11 2017 - 3:00pm
XONE (The ExOne Company)
Thursday, May 11 2017 - 12:30pm
SNHY (Sun Hydraulics Corp.)
Tuesday, May 9 2017 - 1:00pm
KTOS (Kratos Defense & Security Solutions, Inc.)
Thursday, May 4 2017 - 9:00pm
UEIC (Universal Electronics Inc.)
Thursday, May 4 2017 - 8:30pm

AlphaGraphics you may like