Seeking Alpha

Shares of AeroVironment (AVAV -10%) take a hit after missing on its FQ1 earlier this morning....

Shares of AeroVironment (AVAV -10%) take a hit after missing on its FQ1 earlier this morning. Total revenue fell 5% Y/Y, as sales of its unmanned aircraft slipped. Gross margin narrowed to 33.2% from 35%, as R&D expenses rose 7.3% and its unmanned aircraft revenue shrank 6.5%. The company maintains its view on FY13 however, anticipating net income of $1.41 to $1.51 per share on revenue of $348M to $370M.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|