Aerovironment announces fiscal 2025 first quarter results

Arlington, va.--(business wire)--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 systems indefinite delivery, indefinite quantity (“idiq”) with a record contract ceiling value of $990 mi.
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