AeroVironment Turns To Profit In Q4; Issues FY15 Revenue Outlook - Quick Facts

(RTTNews) - AeroVironment, Inc. (AVAV) Tuesday reported fourth-quarter net income of $8.1 million or $0.35 per share, compared to net loss of $795 thousand or $0.04 per share in the same period last year.

On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.22 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 36 percent to $73.50 million from $54.11 million last year, while ten analysts expected revenues of $69.62 million.

Looking ahead to the fiscal 2015, the company expects revenue of between $250 million and $270 million. Analysts currently expect the company to report full-year revenues of $256.20 million.