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MarketBeat
MarketBeat
Thomas Hughes

AeroVironment's Record Backlog and Earnings Beat Fuel Recovery Case

AeroVironment GAAP MarketBeat SPACE

AeroVironment's (NASDAQ: AVAV) stock price is poised for a full recovery, driven by surging demand and a record-breaking backlog.

Highlights from the company's Q1 include $1.5 billion in funded backlog, up 37% year over year, and $2.8 billion in total backlog, providing clear visibility into the coming quarters.

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