AIR

Industrial

17% organic adjusted sales growth

We delivered significant top-line growth with higher profitability, driving 17% organic adjusted sales growth in the quarter.

AVAV

Industrial

Management expressed confidence in achieving nearly $2 billion in revenue, with 82% visibility to the midpoint of guidance.
The company anticipates significant growth in domestic and international markets, driven by large unfunded contracts and program wins.
The US DOD's focus on rapid procurement and high-priority programs supports AeroVironment's growth trajectory.
Management highlighted the strategic importance of their solutions in national security and international alliances, with a focus on rapid deployment and scale.

LEN

Industrial

17.5%

Sales incentives rose to 14.3%, reducing gross margin to 17.5%, which was lower than expected on a lower-than-expected average sales price.

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