The Zhitong Finance App learned that on Thursday, AeroVironment (AVAV.US) surged more than 11% in early trading and is now reported at $156.50. According to the news, the company reported first-quarter results that exceeded analysts' expectations. Adjusted earnings per share were $0.59, which was $0.29 higher than the general forecast of $0.30. Revenue reached a record high of US$480.5 million, exceeding analysts' expectations of US$459.89 million, an increase of 6% over US$454.7 million in the same period last year.

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