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Barchart
Wajeeh Khan

AVAV Stock Skyrockets as AeroVironment Reports Blockbuster Q4 Earnings Results

AeroVironment (AVAV) shares ripped higher on Tuesday after the defense-tech contractor reported better-than-expected financials for its fiscal Q4.

The company posted record revenue of about $642 million — more than double last year’s figure — on $1.84 a share of adjusted earnings per share (EPS).

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