Defense technology company AeroVironment Inc. reported a decline in profit for fiscal 2025, citing higher costs and expenses. Despite this, revenues increased by 14% compared to the previous year. Net income attributable to the company was $43.62 million or $1.55 per share, down from $59.67 million or $2.18 per share in the prior year. Adjusted earnings per share rose to $3.28 from $2.99. Pre-tax income decreased to $39.66 million, while adjusted EBITDA rose to $146.4 million. Annual revenues grew to $820.63 million, driven by strong product performance. The stock closed at $249.73 on the Nasdaq, down 2%.

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