Ageagle Aerial Systems Q1 2024 Earnings Report

Ageagle Aerial Systems EPS Results

• Actual EPS: -$38.50
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Ageagle Aerial Systems Revenue Results

• Actual Revenue: $3.89 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Ageagle Aerial Systems Announcement Details

• Quarter: Q1 2024
• Date: 5/15/2024
• Time: N/A
• Conference Call Date: Wednesday, May 15, 2024
• Conference Call Time: 7:00AM ET

Ageagle Aerial Systems (NYSEAMERICAN:UAVS) (NYSE American: UAVS) is an investment and operating company dedicated to the commercial unmanned aerial systems (UAS) sector. The firm acquires and integrates UAS-related businesses across research and development, manufacturing, sales and contract operations. By combining R&D and integration, direct product sales and aerial services, Ageagle builds a diversified offering of drone technologies and end-to-end solutions for a range of industries.

Ageagle’s subsidiaries develop and supply both fixed-wing and multirotor unmanned platforms equipped with advanced payloads such as precision agricultural spraying systems, multispectral imaging, LiDAR scanning and thermal sensors. These systems serve precision agriculture, infrastructure and pipeline inspection, environmental monitoring, topographic mapping and public safety applications. The company augments hardware capabilities with proprietary software analytics, pilot training, maintenance services and data-processing support, delivering turnkey drone-based solutions to its customers.

Incorporated in 2014, Ageagle has grown its footprint primarily in North and Latin American markets through targeted acquisitions and in-house product development. Its management team brings experience in aerospace, robotics and corporate development as the company seeks to capitalize on the accelerating adoption of UAS technologies across commercial and government sectors.