Shares of AeroVironment, Inc. (NASDAQ:AVAV) rose sharply in pre-market trading after the company reported better-than-expected financial results for the fourth quarter of fiscal 2026.

AeroVironment guided for fiscal 2027 revenue of approximately $2.13 billion to $2.23 billion, versus estimates of $2.19 billion. The company anticipates fiscal 2027 adjusted earnings of $3.02 to $3.34 per share versus estimates of $3.98 per share.

AeroVironment shares jumped 21.4% to $168.70 in pre-market trading.

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