AeroVironment Reports $89M Understatement of Q1 Operational Loss
AeroVironment (AVAV) disclosed that its loss from operations for the three and nine months ended January 31, 2026 was understated by $89.4 million due to an error in goodwill impairment calculations. The company's stock fell 7.6% in early trading following the announcement.
Tickers: $AVAV
Topics: financial reporting goodwill impairment stock price reaction