What changed
AVAV printed Q1 FY27 adjusted EPS of $0.59, a $0.34 beat versus the $0.25 Street consensus. Revenue rose 5.7% YoY to $480M, with FY27 adjusted EPS guidance set at $3.02–$3.34. The beat was driven by higher product and service revenue, while lower intangible amortization and purchase accounting expenses boosted margins.
Why it matters
AVAV printed Q1 FY27 adjusted EPS of $0.59, a $0.34 beat versus the $0.25 Street consensus. Revenue rose 5.7% YoY to $480M, with FY27 adjusted EPS guidance set at $3.02–$3.34. The beat was driven by higher product and service revenue, while lower intangible amortization and purchase accounting expenses boosted margins.