Exhibit 99.1 FISCAL 2025 FIRST QUARTER RESULTS AeroVironment Announces Fiscal 2025 First Quarter Results ARLINGTON, VA, September 4, 2024 — AeroVironment, Inc. ("AeroVironment" or the "Company") reported today financial results for the fiscal first quarter ended July 27, 2024. First Quarter Highlights: ● Record first quarter revenue of $189.5 million up 24% year-over-year ● First quarter net income of $21.2 million and adjusted EBITDA of $37.2 million ● In August 2024 awarded U.S. Army Lethal Unmanned Syste ...

Subscribers to Chart of the Week received this commentary on Sunday, September 1.Last week, venture capitalist Y Combinator—the money behind Twitch, DoorDash (DASH), and Dropbox (DBX) – began the backing of Ares Industries, a defense company that builds cruise missiles. Silicon Valley and the military historically go together like oil and water. But follow the money and it makes sense; the aerospace and defense sector are poised for robust growth in the next decade.It’s a troubled topic, but the iShares U.S ...

The upcoming report from AeroVironment (AVAV) is expected to reveal quarterly earnings of $0.61 per share, indicating a decline of 39% compared to the year-ago period. Analysts forecast revenues of $184.26 million, representing an increase of 20.9% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnings disclosure, ...

Core Viewpoint - AeroVironment, Inc. has secured a significant military contract from the U.S. Army valued at over $1 billion, marking a transformative moment for the company and enhancing its growth outlook [2][4][13] Contract Details - The contract is a record for AeroVironment, as typical military contracts are usually in the millions range, and it is expected to boost the company's growth rate and EBITDA margins towards the 20% range [2][4] - The contract involves providing capabilities to dismounted infantry formations, primarily focusing on the production of the Switchblade drone, which is designed to neutralize targets with minimal collateral damage [4][5] Financial Impact - The contract is anticipated to significantly increase AeroVironment's backlog growth, which has historically been in the millions, thus changing the company's financial trajectory [5] - Management has indicated that current manufacturing levels can support over $500 million in annual product revenue, with plans for further capacity growth due to rising demand for the Switchblade [5][7] Growth Projections - The company is expected to achieve at least 17% growth rates in its top line over the coming years, driven by a stronger backlog and increased demand from allied forces [9][10] - EBITDA margins are projected to expand by at least 1%, indicating a minimum of 20% growth in adjusted EBITDA [9][10] Upcoming Earnings Report - The Q1 FY25 earnings report is anticipated to provide an upgraded outlook from management, with consensus estimates predicting earnings per share of 65 cents on revenues of $188 million, reflecting a year-over-year growth of approximately 23% [11][12] - The market will be closely watching for any updates on the fixed-price component of the $1 billion contract, as AeroVironment was the sole bidder for this deal [12]

The drone maker just won its biggest Army contract ever.AeroVironment (AVAV 14.07%) stock took off like a rocket Wednesday morning, rising by 16.5% through 10:15 a.m. ET, after the Pentagon announced the company's single biggest contract win ever.The news led Tuesday night's press release listing the biggest Defense Department contracts awarded that day: $990 million awarded to AeroVironment "to provide an organic, stand-off capability to dismounted infantry formations capable of destroying tanks, light arm ...

In the latest trading session, AeroVironment (AVAV) closed at $177.76, marking a +0.21% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq increased by 0.16%.Coming into today, shares of the maker of unmanned aircrafts had gained 1.28% in the past month. In that same time, the Aerospace sector gained 2.37%, while the S&P 500 gained 2.97%.The investment community will be p ...

The most recent trading session ended with AeroVironment (AVAV) standing at $189.80, reflecting a -0.34% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.97%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1.39%.Prior to today's trading, shares of the maker of unmanned aircrafts had gained 15.96% over the past month. This has outpaced the Aerospace sector's gain of 5.45% and the S&P 500's loss of 1.85% in t ...

The most recent trading session ended with AeroVironment (AVAV) standing at $181.52, reflecting a +1.95% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 1.69% for the day. Elsewhere, the Dow saw an upswing of 1.04%, while the tech-heavy Nasdaq appreciated by 2.43%.Coming into today, shares of the maker of unmanned aircrafts had gained 2.23% in the past month. In that same time, the Aerospace sector gained 5.04%, while the S&P 500 lost 4.78%.The inve ...

The most recent trading session ended with AeroVironment (AVAV) standing at $175.15, reflecting a +0.77% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq increased by 0.07%.Coming into today, shares of the maker of unmanned aircrafts had lost 4.58% in the past month. In that same time, the Aerospace sector gained 4.32%, while the S&P 500 lost 0.21%.Investors will be e ...

Like it or not, defense stocks have always been an important sector of the market. Some might make the argument that it’s the most important segment. Essentially, while the subject is controversial, free societies must establish mechanisms to keep honest people honest. The threat of extreme violence is what has kept the peace. But that paradigm may soon change.I really laid out the case for defense stocks in a TipRanks article I wrote recently. Essentially, a strong case can be made that Donald Trump and th ...