AeroVironment, Inc. (AVAV)
|Type||Aerospace and transportation.|
|Product or Service||Engineering for Electric Transportation; Unmanned Aircraft.|
|Application||Electric vehicles, charging stations, industrial electric systems.|
AeroVironment’s Efficient Energy Systems AVAV segments designs and develops electric energy systems for electric transportation. The company supplies charging systems and services for electric vehicles; it also sells power cycling and test systems to commercial, consumer and government customers. AeroVironment also designs and manufactures unmanned aircraft systems for military and other applications.
|9/7/2012||Disappointing quarterly earnings released, lowest quarterly revenues in two years and EPS turns negative. Loss attributed to contract delays. Stock trades within 5% of annual lows.||Press release|
*Hypothetical gain from portfolio recommendations from inception. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities contained within this list. Always consult your financial professional before investing.