Beijing lifts blue alert for strong winds.

date
10/09/2025
According to emergency information from Beijing, currently, wind force in most areas of the city has weakened. The municipal meteorological observatory lifted the blue alert for strong winds at 23:05 on September 9, 2025.
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4 m ago
On September 9, AeroVironment announced its financial results for the first quarter of the 2026 fiscal year. The company's revenue for the first quarter of the 2026 fiscal year reached $4.547 billion, an increase of 140% compared to the first quarter of the 2025 fiscal year which was $1.895 billion. The increase in revenue was mainly driven by a $1.54 billion increase in product sales and a $1.112 billion increase in service revenue. The acquisition of BlueHalo on May 1, 2025 had a significant impact on this quarter's performance, contributing $1.237 billion in product revenue and $1.115 billion in service revenue. Revenue from the Autonomous Systems sector ("AxS") was $2.853 billion, while revenue from the Space, Cyber, and Directed Energy sector ("SCDE") was $1.694 billion. Adjusting for non-GAAP measures, the EBITDA for the first quarter of the 2026 fiscal year was $56.6 million, with a non-GAAP diluted earnings per share of $0.32. These figures were $37.2 million and $0.89 respectively for the first quarter of the 2025 fiscal year. Looking ahead to the rest of the 2026 fiscal year, the company expects revenue to be in the range of $1.9 billion to $2 billion, with a net loss projected to be between $77 million and $72 million. The adjusted EBITDA, after non-GAAP adjustments, is expected to be between $300 million and $320 million. The diluted loss per share is expected to be between $1.63 and $1.53, while the non-GAAP diluted earnings per share (excluding amortization of intangible assets, other non-cash acquisition accounting expenses, and gains or losses on equity securities investments) is expected to be between $3.60 and $3.70.
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