- AeroVironment press release (NASDAQ:AVAV): Q4 Non-GAAP EPS of $0.43 beats by $0.22.
- Revenue of $196.98M (+5.9% Y/Y) beats by $7.99M.
- Adjusted EBITDA of $22.2 million and fiscal year net income of $60.0 million and adjusted EBITDA of $127.8 million.
- Company on track for nearly 12% top line growth in fiscal year 2025 with expected revenue of between $790 million and $820 million.
- As of April 30, 2024, funded backlog (defined as remaining performance obligations under firm orders for which funding is currently appropriated to us under a customer contract) was $400.2 million, as compared to $424.1 million as of April 30, 2023.
- Outlook: For fiscal year 2025, the Company expects revenue of between $790 million and $820 million, net income of between $74 million and $83 million, Non-GAAP adjusted EBITDA of between $143 million and $153 million, earnings per diluted share of between $2.61 and $2.92 and non-GAAP earnings per diluted share, which excludes amortization of intangible assets, other non-cash purchase accounting expenses and equity securities investments gains or losses, of between $3.18 and $3.49.
- Shares -7.68%.