plane Stock on Wednesday at a height of more than 24%, as the drone manufacturer defeated the hopes of the fourth quarter on the top and bottom lines.

Here is described how the company did compared to the expectations of the analyst:

• Income: $ 1.61 per share adjusted vs $ 1.39 per share
• Income: $ 275 million vs $ 242 million is expected

The company told financial result Market Close was recorded after Tuesday and up to 14% in the earlier period, a record financial year revenue of $ 820.6 million.

Aerovirnament reported a net income of $ 16.66 million or 59 cents per share for the fourth quarter, compared to $ 6.05 million, or 22 cents per share.

The company stopped the acquisition of $ 4.1 billion of Defense Tech Company Bluehalo on 1 May. Bluehalo manufactures laser weapon systems such as drones and defense technology with focus on space technology.

“Our acquisition of Bluehalo further enhances our leadership position within the defense-technology sector by adding portfolio of innovative products and capabilities related to the highest priorities of our customers,” said Wahid Nawabi, CEO of Aeroviranment.

For the new financial year, the company said it is expected to be between $ 1.9 billion and $ 2 billion. The company estimates income between $ 2.80 and $ 3.00 per share.

Watch: Promoting European defense spending, aerovization CEO on US defense spending and Trump