secwatch.observer — SEC 8-K summary
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Issuer:     AeroVironment Inc (AVAV)
CIK:        0001368622
Form:       8-K
Filed at:   2023-06-27T23:59:59+00:00
Accession:  0001558370-23-011458
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AeroVironment Q4 revenue up 40% to $186M, $156M goodwill impairment drives net loss; FY2024 rev guidance $630-660M
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- Record Q4 revenue $186.0M (+40% YoY); full-year revenue $540.5M (+21% YoY).
- Net loss of $(160.5)M ($(6.31)/diluted share) including $156M MUAS goodwill impairment.
- Non-GAAP adjusted EBITDA ~$46M, non-GAAP EPS $0.99 vs. $0.12 in prior year.
- Funded backlog record $424.1M as of April 30, 2023, up from $210.8M a year ago.
- FY2024 guidance: revenue $630-660M, net income $50-58M, non-GAAP EPS $2.30-2.60.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368622/000155837023011458/0001558370-23-011458-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368622/000155837023011458/avav-20230627x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-011458

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