04:38 PM EST, 03/04/2025 (MT Newswires) -- AeroVironment ( AVAV ) reported fiscal Q3 non-GAAP Earnings late Tuesday of $0.30 per diluted share, down from $0.63 a year earlier.

Analysts polled by FactSet, on average, expected $0.57.

Revenue for the quarter ended Jan. 25 was $167.6 million, down from $186.6 million a year earlier.

Analysts expected $192.3 million.

For 2025, the autonomous aircraft company is projecting EPS of $2.92 to $3.13 on $780 million to $795 million in revenue.

Analysts are looking for $3.43 and $819.4 million, respectively.

AeroVironment ( AVAV ) shares were down 16% in Tuesday's after-hours session.