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Apr 30, 2020

AeroVironment Q4 2020 Earnings Report

AeroVironment reported record fourth quarter and full year revenue.

Key Takeaways

AeroVironment's Q4 2020 results showed record revenue of $135.2 million, a 54% increase year-over-year, and diluted earnings per share of $0.73, up by 47 cents year-over-year. The company also achieved a record funded backlog of $208.1 million.

Record fourth quarter revenue of $135.2 million, a 54% increase year-over-year.

Diluted earnings per share from continuing operations increased to $0.73, up by 47 cents year-over-year.

Non-GAAP diluted earnings per share from continuing operations increased to $0.75, up by 49 cents year-over-year.

Record funded backlog of $208.1 million.

Total Revenue
$135M
Previous year: $87.9M
+53.8%
EPS
$0.75
Previous year: $0.26
+188.5%
Gross Profit
$53.2M
Previous year: $37M
+43.6%
Cash and Equivalents
$255M
Previous year: $173M
+47.7%
Free Cash Flow
$7.32M
Total Assets
$585M
Previous year: $509M
+15.0%

AeroVironment

AeroVironment

Forward Guidance

For fiscal year 2021, AeroVironment expects revenue between $390 million and $410 million, operating margin between 12% and 12.5%, and earnings per diluted share between $1.65 and $1.85. Non-GAAP earnings per diluted share are expected to be between $1.74 and $1.94.