AeroVironment(AVAV) - 2024 Q3 - Quarterly Results

Exhibit 99.1 AeroVironment Announces Fiscal 2024 Third Quarter Results ARLINGTON, VA, March 4, 2024 — AeroVironment, Inc. ("AeroVironment" or the "Company") reported today financial results for the fiscal third quarter ended January 27, 2024. Third Quarter Highlights: ● Record third quarter revenue of $186.6 million, up 39% year-over-year ● Third quarter net income of $13.9 million and adjusted EBITDA of $28.8 million, increases of $14.6 million and $5.1 million, year-over-year, respectively ● Funded backlo ...