AeroVironment (AVAV) reported fiscal Q3 non-GAAP Earnings late Tuesday of $0.30 per diluted share, down from $0.63 a year earlier.
Analysts polled by FactSet, on average, expected $0.57.
Revenue for the quarter ended Jan. 25 was $167.6 million, down from $186.6 million a year earlier.
Analysts expected $192.3 million.
For 2025, the autonomous aircraft company is projecting EPS of $2.92 to $3.13 on $780 million to $795 million in revenue.
Analysts are looking for $3.43 and $819.4 million, respectively.
AeroVironment shares were down 16% in Tuesday's after-hours session.
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