Early Bird Capital Comments On Aerovironment Revenue

According to Early Bird Capital, Aerovironment (NASDAQ: AVAV) reported F4Q11 EPS of $0.79 on revenue of $106.1 million beating its forecast of $0.58 on revenue of $100.5 million.

Early Bird Capital said that these results also were above the Street of $0.70 on revenue of $100.0 million. “Solid performance across the board accounted for the results. For the year, AVAV reported EPS of $1.17 on revenue of $292.5 million.”

Aerovironment closed on Friday at $39.71.