AgEagle Aerial Posts Narrower Y/Y Loss in Q3, Mixed Performance

Shares of AgEagle Aerial Systems, Inc. (UAVS) have declined 10.3% since reporting third-quarter 2024 earnings. This compares unfavorably with the S&P 500 index’s 1.2% rise over the same period. However, AgEagle Aerialshares have gained 55.1% over the past month versus the S&P 500’s 3.1% growth.Financial Performance OverviewFor the third quarter of 2024, AgEagle Aerial reported a net loss per common share of $16.03, narrower than a net loss of$72.64 in the same quarter of 2023.AgEagleAerial’s revenues for t ...