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AeroVironment, Inc.

AeroVironment shares declined 9.77 percent on volume of 4.57 million shares traded Wednesday to close at $19.57 a share. “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 CEO.

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