AeroVironment stock soars on earnings beat, backlog grows to $1.2B
AeroVironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines. The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million…
