AeroVironment, Inc. (NASDAQ:AVAV) recently reported fiscal Q2 2026 results, with revenue growing 150.72% year-over-year to $472.51 million, exceeding estimates. However, the EPS of $0.44 fell short by $0.35. The company attributed revenue growth to BlueHalo and legacy revenue. Gross margin increased by 41%, but was impacted by $24.2 million in intangible amortization expenses. Management raised the lower end of full-year revenue guidance to $1.95 billion to $2 billion and improved the net loss range to $38 million to $30 million. Additionally, AVAV was awarded a $874.26 million contract from the US Army for unmanned aerial systems and counter-UAS systems over five years.

Read more at Yahoo Finance: AeroVironment (AVAV) Posts Fiscal Q2 2026 Results, Stock Down More Than 3.88% Since the Release