AeroVironment reported first-quarter fiscal 2027 revenue of $480.49 million, above analysts' $456.20 million estimate, while adjusted earnings reached 59 cents per share versus expectations of 24 cents. Revenue rose 6% year over year, led by product and service sales. Autonomous Systems generated $346 million, while Space, Cyber and Directed Energy contributed $134.5 million. The company reported a funded backlog of $1.5 billion as of Aug. 1 and guided for fiscal 2027 revenue of $2.125 billion to $2.225 billion, compared with analysts' $2.195 billion forecast. It reaffirmed adjusted earnings guidance of $3.02 to $3.34 per share, versus estimates of $3.23. Shares rose 2.83% after hours to $145.05 at the time of publication.