--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000753429.md" description: "๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: $Aerovironment(AVAV.US) AeroVironment Restates Q3 FY2026 Financials After Material Accounting Error๐Ÿ‘‰ ๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โžค ๐€๐ž๐ซ๐จ๐•๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ restated financial statements for the quarter ended ๐‰๐š๐ง. ๐Ÿ‘๐Ÿ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”.โžค Audit Committee determined previously filed financial statements ๐œ๐š๐ง๐ง๐จ๐ญ ๐›๐ž ๐ซ๐ž๐ฅ๐ข๐ž๐ ๐ฎ๐ฉ๐จ๐ง.โžค Error involved the ๐ ๐จ๐จ๐๐ฐ๐ข๐ฅ๐ฅ ๐ข๐ฆ๐ฉ๐š๐ข๐ซ๐ฆ๐ž๐ง๐ญ analysis for the company's Space reporting unit.โžค Carrying value calculation omitted goodwill allocation tied to ๐๐ž๐Ÿ๐ž๐ซ๐ซ๐ž๐ ๐ญ๐š๐ฑ assets and liabilities.โžค Impairment relates to the terminated ๐๐€๐ƒ๐†๐„๐‘ phased array antenna contract.โžค Loss from operations was understated by ๐Ÿ–๐Ÿ—.๐Ÿ’ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง for both three- and nine-month periods.โžค Net loss was understated by ๐Ÿ–๐Ÿ•.๐Ÿ‘ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง for both reporting periods.โžค Basic and diluted EPS loss was understated by ๐Ÿ.๐Ÿ•๐Ÿ“ per share and ๐Ÿ.๐Ÿ•๐Ÿ— per share, respectively.โžค Total assets were overstated by ๐Ÿ–๐Ÿ—.๐Ÿ’ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง as of Jan. 31, 2026.โžค Stockholders' equity was overstated by ๐Ÿ–๐Ÿ•.๐Ÿ‘ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, while liabilities were overstated by ๐Ÿ.๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.๐Ÿ‘‰ ๐–๐ก๐ฒ ๐ˆ๐ญ ๐Œ๐š๐ญ๐ญ๐ž๐ซ๐ฌ:โžค Restatement highlights a ๐ฆ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐š๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ข๐ง๐  error in previously reported results.โžค Larger reported losses could impact ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐จ๐ซ confidence and financial analysis.โžค The adjustment stems from a terminated ๐”.๐’. ๐†๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ program previously viewed as strategic.โžค Restatements often draw increased scrutiny of ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐œ๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฌ and reporting processes" datetime: "2026-06-22T13:15:39.000Z" locales: - [en](https://longbridge.com/en/topics/100000000753429.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000753429.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000753429.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" generator: "portal-rs" --- # ๐Ÿ“ข ๐‰๐”๐’๐“ ๐ˆ๐: $Aerovironment(AVAV.US) AeroVironment Rโ€ฆ ### Related Stocks - [AVAV.US](https://longbridge.com/en/quote/AVAV.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**