Aevex Corp.'s stock surged 9.25% in pre-market trading on Thursday, following the release of its first-quarter 2026 financial results that significantly exceeded analyst expectations.
The defense technology company reported quarterly earnings of $0.22 per share, beating the consensus estimate of $0.16 and marking a dramatic turnaround from a loss of $0.31 per share in the same period last year. Revenue showed explosive growth, reaching $216.7 million, which surpassed expectations of $200.9 million and represented a staggering 307% year-over-year increase.
Adding to the positive momentum, Aevex provided robust full-year 2026 guidance, projecting revenue between $600 million and $620 million, above the FactSet consensus estimate of $585 million. In a separate announcement, the company disclosed it was awarded $15.6 million in contracts by the U.S. Air Force to support advanced unmanned aircraft mission capabilities, strengthening its defense portfolio and future revenue pipeline.
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