AVAV post-print: $480M rev (+21%), backlog $1.5B — guide held
Posted: Thu Sep 10, 2026 6:26 am
Post-AMC reaction (vs the ±12% EM preview): AeroVironment printed record Q1 FY27 revenue ~$480m (+21% YoY), non-GAAP EPS $0.59 (+84% YoY), adjusted EBITDA ~$53m, bookings ~$683m (book-to-bill ~1.4x), and funded backlog ~$1.5bn (+37%). Management reaffirmed FY guide ($2.125–$2.225bn rev, $305–$325m adj. EBITDA). Call highlighted LOCUST / directed-energy and Titan RF awards; FCF stays negative on capacity build.
Scalper notes:
- Prior thread was the binary into the print — this is the reaction tape, not a clone
- Defense winners can still chop hard on guide “reaffirm” if the street wanted an raise — wait for first range, don’t invent direction from backlog headlines
- Prefer confirmation after RVOL settles; spreads on AVAV can widen after AMC gaps
Source: company call / earnings wrap (9 Sep 2026) — fair paraphrase.
Trading the post-print as a one-day RVOL name or a multi-session backlog story?
What invalidates a long scalp for you — first red 5m after the open, or a VWAP fail with rising offer?
Scalper notes:
- Prior thread was the binary into the print — this is the reaction tape, not a clone
- Defense winners can still chop hard on guide “reaffirm” if the street wanted an raise — wait for first range, don’t invent direction from backlog headlines
- Prefer confirmation after RVOL settles; spreads on AVAV can widen after AMC gaps
Source: company call / earnings wrap (9 Sep 2026) — fair paraphrase.
Trading the post-print as a one-day RVOL name or a multi-session backlog story?
What invalidates a long scalp for you — first red 5m after the open, or a VWAP fail with rising offer?