SOLANA BEACH, Calif. (AP) 鈥� SOLANA BEACH, Calif. (AP) 鈥� Aevex Corp. (AVEX) on Wednesday reported second-quarter net income of $2.3 million.
The Solana Beach, California-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 7 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The defense company specializing in drones posted revenue of $201.8 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $155.2 million.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/AVEX
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
