WICHITA, Kan., Aug. 16, 2022 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry-leading provider of full-stack drone, sensor and software solutions for commercial and government/defense use, today announced its financial results for the three and six months ended June 30, 2022.
- Financial Highlights for the Comparable Three-Month Periods Ended June 30, 2022 and June 30, 2021
Revenues increased 173% to $5.29 million from $1.94 million.
- Financial Highlights for the Comparable Six-Month Periods Ended June 30, 2022 and June 30, 2021
Six-month revenues totaled $9.13 million, up 151% from $3.64 million.
- Nicole Fernandez-McGovern, AgEagle Chief Financial Officer and Executive Vice President of Operations, stated, We are very pleased with our financial results for the first half of 2022, reflecting strong revenue growth from our combined 2021 acquisition activities and organic growth initiatives.
- Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition, and stock price.