Key facts: AVAV $241M Space goodwill; EPS $3.02–3.34; 2.7B backlog

AeroVironment completed SCDE integration, boosted R&D and production capacity, and took a $241M goodwill impairment in its Space unit tied to a contract cancellation.AeroVironment

AeroVironment completed SCDE integration, boosted R&D and production capacity, and took a $241M goodwill impairment in its Space unit tied to a contract cancellation.
AeroVironment (AVAV) forecasts FY adjusted EPS $3.02–$3.34 and revenue $2.13B–$2.23B; midpoint EPS below consensus, midpoint revenue slightly above consensus.
AeroVironment (AVAV) ended the quarter with $1.2B funded, $1.5B unfunded backlog (total $2.7B). Quarterly book-to-bill 0.9, 12‑month book-to-bill 1.4. SCAR contract cancellation cut unfunded backlog.