Airo Group reports Q2 EPS 30c vs. (34c) last year

Reports Q2 revenue $24.6M, consensus $28.64M. “We are proud to report our first earnings as a public company and to have successfully completed our IPO during the quarter,” said CEO Joe Burns. “This milestone positions us to accelerate investments in next-generation aerospace capabilities across all four of our strategic segments. In the second quarter, we saw strong commercial traction and technology milestones across the Drone segment. Our team remains focused on disciplined execution as we scale our business to meet growing global demand for autonomy-driven aerospace solutions.” Chirinjeev Kathuria, Executive Chairman, added, “This is a transformative time for AIRO. We have built a platform with the infrastructure, vision, and leadership to address the evolving needs of defense, commercial aviation, and advanced mobility markets. The IPO strengthened our capital base, and we are now focused on unlocking long-term value through innovation and strategic execution.”