
Earnings Report: They Can Hear You Scream Profits
Alright listen up because this is important and I don't want to have to repeat myself. AeroVironment the drone people just blew expectations out of the water. Fourth quarter earnings? $1.61 per share adjusted versus the $1.39 everyone was expecting. Revenue? A cool $275 million. See even in space everyone can hear you scream...profits that is. Makes you wonder what kind of chest bursting innovation they've got going on over there. "That's it game over man game over!"...ly good earnings apparently.
Cramer's Corner: Is It Just Me Or Are Drones The New Facehuggers?
Then comes Jim Cramer who went and called them the "Palantir of hardware" on CNBC. "Palantir?" Really? Last time I listened to an expert I ended up with a Xenomorph infestation. I swear sometimes I think these financial analysts are just as dangerous as those acid blooded freaks. But hey the stock *did* rocket up over 24% so maybe he's onto something. Or maybe we're all just doomed.
Record Revenues: We're All Gonna Die...Rich
Record fiscal year revenue of $820.6 million up 14%. Net income up too. Seems like they’re doing something right. All I know is when a company is making that much bank on drones there's either a really big need or someone’s about to get a serious case of buyer's remorse. "I say we take off and nuke the entire site from orbit. It's the only way to be sure."
BlueHalo Acquisition: More Tech More Problems?
They also bought this defense tech company called BlueHalo for $4.1 billion. Lasers and space tech? Sounds like they're aiming for the stars or maybe just trying to avoid getting nuked from orbit. CEO Wahid Nawabi says it will "further advance their leadership position." I say "Let's just hope they know what they're doing."
Future Forecast: Setting Our Sights On The Year Ahead
Looking ahead AeroVironment is expecting revenues between $1.9 billion and $2 billion with earnings per share between $2.80 and $3.00. That's a lot of dough. Let's hope they're using it for something useful like maybe developing a flamethrower that *actually* works. "I can't lie to you about your chances but... you have my sympathies."
The Final Word: Stay Frosty
So there you have it. Drones profits and potential corporate overreach. Just another day in the galaxy. Remember folks stay frosty and never ever trust a corporation that's making too much money. It's usually a sign of something nasty lurking just around the corner. "Get away from her you B*TCH!"...before you invest all your money.
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