AeroVironment, Inc. (NASDAQ:AVAV) Q1 2024 Earnings Call September 5, 2023 4:30 PM ET

Company Participants

Jonah Teeter-Balin - Senior Director of Corporate Development and Investor Relations

Wahid Nawabi - Chairman, President and Chief Executive Officer

Kevin McDonnell - Senior Vice President and Chief Financial Officer

Conference Call Participants

Greg Konrad - Jefferies

Peter Arment - Baird

Ken Herbert - RBC

Bryce Sandberg - William Blair

Pete Skibitski - Alembic Global

Operator

Good day, and thank you for standing by. Welcome to the AeroVironment Fiscal Year 2024 First Quarter Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Jonah Teeter-Balin. Please go ahead.

Jonah Teeter-Balin

Thanks, and good afternoon, ladies and gentlemen. Welcome to AeroVironment’s fiscal year 2024 first quarter earnings call. This is Jonah Teeter-Balin, Senior Director of Corporate Development and Investor Relations.

Before we begin, please note that certain information presented on this call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve many risks and uncertainties that could cause actual results to differ materially from our expectations. Further information on these risks and uncertainties is contained in the Company's 10-K and other filings with the SEC, in particular, in the Risk Factors and forward-looking statement portions of such filings.

Copies are available from the SEC on the AeroVironment website at www.avinc.com or from our Investor Relations section. This afternoon, we also filed a slide presentation with our earnings release, and posted the presentation to the Investors section of our website under Events and Presentations.

The content of this conference call contains time-sensitive information that is accurate only as of today, September 5, 2023. The Company undertakes no obligation to make any revision to any forward-looking statements contained in our remarks today or to update them to reflect the events or circumstances occurring after this conference call.

Joining me today from AeroVironment are Chairman, President and Chief Executive Officer, Mr. Wahid Nawabi and Senior Vice President and Chief Financial Officer, Mr. Kevin McDonnell.

We will now begin with remarks from Wahid Nawabi. Wahid?

Wahid Nawabi

Thank you, Jonah. Welcome everyone to our fiscal year 2024 first quarter earnings conference call. I'll start by summarizing our performance and recent achievements, after which, Kevin will review our financial results in the greater detail. I will then provide information related to the outlook for fiscal year 2024, after which, Kevin, Jonah and I will take your questions.