Industrials

Revenue of $53.9 million and gross profit of $23.2 million both increased, by 12.4% and 12.6% respectively. Gross profit grew at roughly the same pace as revenue, which suggests the mix ofBusinessand margins were broadly stable across the period.

Operating income was $188 million and adjusted EBITDA was $194 million, with the adjusted EBITDAMarginup 90 basis points from a year earlier. Diluted EPS was $0.51 and adjusted EPS was $0.49, up 9%.

The $405 million order covers LOCUST X3 high-energy laser weapon systems for an international buyer in the Middle East. It is a direct commercial sales arrangement, meaning it was negotiated between AeroVironment and the customer rather than through a government-to-government program.

Under the agreement, Nimbus will exclusively market and resell Copting's Falkawn-BOS tethered drone system in Israel. The coverage includes the ground station, software, accessories and spare parts.

Net income attributable to controlling shareholders reached $6.9 million, or $2.43 per share on a basic basis and $2.39 diluted. Adjusted net income attributable to controlling shareholders was $6.7 million, or $2.36 basic and $2.32 diluted. Adjusted EBITDA for the quarter came to $11.3 …

The company points to higher-than-anticipated organic growth in Industrial Access, including expanded scope on the Snowy 2.0 scaffold contract and the Perdaman contract, along with growth in maintenance and shutdown work. Formwork activity in Queensland has continued to recover, and the company says it …

The company says its Digital Solutions and Specialty Mining Chemicals segments now deliver nearly 23 percent of group earnings.Earnings Per Sharebefore significant items were 126.8 cents, up 13 percent. Return on netAssetsrose to 15.6 percent from 13.8 percent, and return on investedCapitalrose to 11.3 …