UAVS posts Q1 profit on cost cuts and warrant gains. Shares fall 5.7% post-earnings and nearly 20% over the past month amid a revenue decline.
UAVS cut losses and boosted gross profit in 2024, securing record drone orders and slashing expenses to strengthen its path to growth.
UAVS's Q3 results reflect a narrowed y/y loss, an improved gross margin and strong cost control despite a revenue decline and ongoing liquidity challenges.
Cost-control measures and diverse product offerings across its main segments aid AgEagle's (UAVS) earnings in Q2.
Discover why Zacks rates AgEagle (UAVS) as "Underperform," being the first on Wall Street to initiate the coverage of the stock. Explore how AgEagle faces steep financial and operational hurdles, with declining revenues, high cash burn and substantial debt.
AgEagle Aerial Systems Inc. (NYSE:UAVS) CEO Bill Irby joined Proactive to discuss the company's recent announcement it has secured a $2 million contract to deliver 20 eBee VISION systems to a leading distributor in the UAE, highlighting the global need for enhanced public safety and security. This follows AgEagle's recent milestone with the US Army Corps of Engineers using their eBee TAC drone, the first fixed-wing UAV on the Defense Innovation Unit Blue UAS list.