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Oct 31, 2020
AeroVironment Q2 2021 Earnings Report
AeroVironment's second quarter results for fiscal year 2021 were announced, featuring revenue growth and the acquisition of Telerob GmbH.
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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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