Monrovia's AeroVironment: Revenue 'Fell Well Short'

Monrovia's AeroVironment reports a disappointing quarter: "'Third quarter revenue of $47.1 million and earnings per share of $0.17 fell well short of our plans primarily due to delays in government procurements expected during the quarter," said Tim Conver, AeroVironment chairman and chief executive officer.'" http://goo.gl/GStLi

- Brad Haugaard