Airo Shares Hit 52-Week Low After Shipment Delay Hurts 3Q Rev

Dow Jones
2025/11/14
 

By Terell Wright

 

Shares of Airo Group Holdings fell to a 52-week low after a delay in drone shipments hurt third-quarter revenue.

Shares slid 16% to $10.68 and are down 56% year-to-date.

The aerospace-and-defense company's third-quarter revenue fell roughly 73% to $6.28 million, it said Friday.

The company said sales were hurt by a drop in drone segment revenue due to a $20 million shipment being delayed until the fourth quarter for customer-requested upgrades.

The company says it has booked fourth-quarter revenue totaling $24.5 million as of Friday.

Airo narrowed its third-quarter loss to $7.96 million, or 28 cents a share, compared with a loss of $30.3 million, or $1.85 a share, in the same quarter a year earlier, reflecting lower one-time items and overall operating cost controls, the company said.

Airo said it expects full-year 2025 revenue to exceed 2024 revenue of $86.9 million.

 

Write to Terell Wright at terell.wright@wsj.com

 

(END) Dow Jones Newswires

November 14, 2025 10:49 ET (15:49 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10