AeroVironment Reports Earnings Beat, Backlog Reaches $1.2 Billion
Dronemaker AeroVironment reported fourth-quarter earnings that exceeded both revenue and profit expectations, with shares rising 17% after the bell. The company's funded backlog increased to $1.2 billion year-over-year but saw minimal growth from last quarter.

Tickers: $AVAV
Topics: autonomous_systems defense_spending drones