AeroVironment, Inc. (NASDAQ:AVAV) Q2 2024 Earnings Conference Call December 5, 2023 4:30 PM ET

Company Participants

Jonah Teeter-Balin - Senior Director of Corporate Development & IR

Wahid Nawabi - Chairman, President & CEO

Kevin McDonnell - SVP & CFO

Conference Call Participants

Greg Konrad - Jefferies

Peter Arment - Baird

Pete Skibitski - Alembic Global

Louie DiPalma - William Blair

Operator

Good day, and thank you for standing by. Welcome to AeroVironment's Fiscal Year 2024 Second 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, sir.

Jonah Teeter-Balin

Thanks, and good afternoon, ladies and gentlemen. Welcome to AeroVironment's fiscal year 2024 second 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 statements portions of such filings. Copies are available from the SEC, on the AeroVironment website at www.avinc.com, or from our Investor Relations team.

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, December 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 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 second quarter earnings conference call. I'll start by summarizing our performance and recent achievements, after which Kevin will review our financial results in detail. I will then provide information about our outlook including our increased revenue projections for the remainder of fiscal year 2024. Kevin, Jonah and I will then take your questions.