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Stock Market & Financial Investment News

News Breaks
July 14, 2014
06:14 EDTAVAVAeroVironment corrects Q1 year-to-date bookings to $65M from $75M
The company said management inadvertently misstated the company's year-to-date bookings and FY15 estimates. The correct fiscal 2015 revenue estimates are as follows: Fourth quarter ending backlog that is executable in fiscal 2015 of $63 million, various orders booked to date in the first quarter of fiscal 2015 of $65M, incremental revenue to hold EES revenue flat year-over-year of $28M, and finally, the balance of government fiscal 2014 U.S. Department of Defense appropriated procurement spending not yet booked of $7M. This adds up to $163 million, or 63% and not 67% as stated in the conference call of the mid-point of our fiscal 2015 revenue guidance range.
News For AVAV From The Last 14 Days
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November 26, 2014
11:36 EDTAVAVAeroVironment tumbles after earnings, levels to watch
The stock is down over 9.6% to $27.71 following results last night after the close. At that price next support is at $27.18. Resistance is at $28.31.
November 25, 2014
18:18 EDTAVAVOn The Fly: After Hours Movers
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16:17 EDTAVAVAeroVironment sees FY15 gross profit margin 34.5%-37.5%
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16:15 EDTAVAVAeroVironment reports Q2 EPS (13c), consensus (11c)
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November 20, 2014
10:02 EDTAVAVOn The Fly: Analyst Initiation Summary
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07:03 EDTAVAVAeroVironment initiated with a Hold at Canaccord
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