AeroVironment Q2 2021 Earnings Report
Key Takeaways
AeroVironment reported an 11% increase in revenue to $92.7 million for the second quarter of fiscal year 2021. Earnings per diluted share were $0.09, while non-GAAP earnings per diluted share increased to $0.48. The company also announced the acquisition of Telerob GmbH to expand its product offerings.
Second quarter revenue increased by 11% year-over-year to $92.7 million.
Earnings per diluted share were reported at $0.09, impacted by HAPSMobile Inc.'s investment impairment.
Non-GAAP earnings per diluted share increased to $0.48, reflecting business strength.
AeroVironment acquired Telerob GmbH to broaden robotic solutions and customer base.
AeroVironment
AeroVironment
Forward Guidance
AeroVironment expects revenue between $390 million and $410 million, an operating margin between 12% and 12.5%, and earnings per diluted share of $1.28 to $1.48 for fiscal year 2021. Non-GAAP earnings per diluted share are expected to be between $1.74 and $1.94.