AEVEX Beats Q1 Estimates In First Report As Public Company

AEVEX Corp (NYSE: AVEX ) reported financial results for the first quarter after the market close on Wednesday. Here’s a look at the key highlights from the print . AEVEX stock is trading at depressed levels.  What’s the outlook for AVEX shares? AEVEX Q1 Highlights AEVEX reported first-quarter revenue of $216.69 million, beating analyst estimates of $200.02 million. The company posted first-quarter earnings of 22 cents per share, beating estimates of 16 cents per share, according to Benzinga Pro . Total revenue was up 307% on a year-over-year basis, reflecting “robust demand” for the company’s autonomous systems and mission software. AEVEX also reported a funded backlog of $356.62 million. “Across our portfolio, our teams ... Full story available on Benzinga.com