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Aevex: Q3 Earnings Snapshot
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SOLANA BEACH, Calif. (AP) — SOLANA BEACH, Calif. (AP) — Aevex Corp. (AVEX) on Wednesday reported a loss of $23.9 million in its third quarter.

The Solana Beach, California-based company said it had a loss of 40 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The defense company specializing in drones posted revenue of $189.7 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $150.8 million.

Aevex expects full-year revenue in the range of $820 million to $840 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AVEX at https://www.zacks.com/ap/AVEX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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