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AeroVironment Swings To Loss In Third Quarter; Cali Fires Clip Sales

Cal Biesecker By
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AeroVironment Swings To Loss In Third Quarter; Cali Fires Clip Sales
Switchblade 600 loitering munition. (Photo: AeroVironment)

A series of wildfires and windstorms around Los Angeles in January helped trim AeroVironment’s [AVAV] sales in its fiscal year 2025 third quarter and the company swung to a loss on acquisition and other costs, and lower margins, AV reported on Tuesday. The net loss was $1.8 million, 6 cents earnings per share (EPS), versus $13.9 million (50 cents EPS) in income a year ago. Adjusting for acquisition and amortization expenses, per share earnings of 30 cents were well below…

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