Ageagle announces third quarter 2022 financial results

Total revenues climb 172% and 158% for the three and nine-month reporting periods, respectively gain on extinguishment of $6.5 million in debt results in net income of $1.7 million for third quarter 2022 - up from net loss of $3.8 million for third quarter of 2021 wichita, ks / accesswire / november 15, 2022 / ageagle aerial systems inc. (nyse american:uavs) ("ageagle" or the "company"), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government/defense use, today announced its financial results for the three and nine months ended september 30, 2022. nicole fernandez-mcgovern, ageagle's cfo and evp of operations, stated, "overall, we are very pleased with our strong third quarter results, which reflected robust sales growth from our three primary product lines - drones, sensors and software.
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