The company reported financial results after market close Tuesday and logged record fiscal year revenue of $820.6 million, up 14% over the prior period. AeroVironment reported net income of $16.66 million for the fourth quarter, or 59 cents per share, compared to net income of $6.05 million, or 22 cents per share, last year. This is breaking news. Please refresh for updates. Earnings: $1.61 per share adjusted vs $1.39 per share expected Revenue: $275 million vs $242 million expected In this article An unman ...

Positive tariff news and some industry-specific speculation concerning future business helped light a rocket under defense stocks, sending the entire sector up. AeroVironment (AVAV 14.01%) shares led the way up 14%, and shares of Lockheed Martin (LMT 3.34%), Northrop Grumman (NOC 3.26%), and Science Applications International (SAIC 2.53%) all climbed as high as 5% before fading some heading into market close. New opportunities up ahead? Defense stocks have held up relatively well through this period of unce ...