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Benzinga
Benzinga
Business
Vaishali Prayag

AeroVironment Shares Are Flying High Today: What's Going On?

AeroVironment Wahid Nawabi AVAV Nasdaq
Military,Kamikaze,Drones,With,Aerial,Bombs,Fly,In,Front,Of

AeroVironment Inc. (NASDAQ:AVAV) shares are trading higher Wednesday after the company posted better-than-expected fourth-quarter results and strong revenue growth, driven by demand in its defense technology segments.

What To Know: The drone and defense contractor reported fourth-quarter earnings of $1.61 per share, above analyst expectations of $1.42, according to Benzinga Pro.

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