AeroVironment Q4 2022 Earnings Report
Key Takeaways
AeroVironment reported a decrease in revenue by 2% to $132.6 million compared to the fourth quarter of fiscal year 2021. The company's net income attributable to AeroVironment was $7.3 million, or $0.29 per diluted share.
Fourth quarter revenue was $132.6 million.
Record fiscal year 2022 revenues were $445.7 million.
Fourth quarter gross margin was $48.6 million.
Fourth quarter net income attributable to AeroVironment was $7.3 million, or $0.29 per diluted share.
AeroVironment
AeroVironment
Forward Guidance
For the fiscal year 2023, the Company expects revenue of between $490 million and $520 million, net income of between $11 million and $18 million, Non-GAAP adjusted EBITDA of between $82 million and $92 million, earnings per diluted share of between $0.42 and $0.72 and non-GAAP earnings per diluted share, which excludes amortization of intangible assets, of between $1.35 and $1.65.