Aevex reported Q1 earnings late Wednesday of $0.22 per diluted unit, swinging from a loss of $0.31 a year earlier.
Analysts surveyed by FactSet expected earnings of $0.16.
Revenue for the three months ended March 31 was $216.7 million, up from $53.3 million a year earlier.
Analysts polled by FactSet expected $200.9 million.
For full-year 2026, the company expects revenue of $600 million to $620 million. Analysts polled by FactSet expect $585 million.
Separately, Aevex won $15.6 million in US Air Force contracts to support advanced unmanned aircraft mission capabilities and modular airborne system integration efforts.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments