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Axon Enterprise raised its full-year revenue forecast on Tuesday, banking on strong demand for its software products and recently launched TASER 10 policing device, sending its shares up 4.7% in aftermarket trading.
SCOTTSDALE, Ariz. , Aug. 6, 2024 /PRNewswire/ -- Axon Cloud & Services revenue grows 47% to $195 million Annual recurring revenue grows 44% to $850 million Net income of $41 million supports non-GAAP net income of $93 million and Adjusted EBITDA of $123 million Raises full year revenue outlook to a range of $2.00 billion to $2.05 billion, up from $1.94 billion to $1.99 billion Fellow shareholders, Axon closed the first half of 2024 with record quarterly revenue and an improved outlook for the remainder of the year.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Beyond analysts' top -and-bottom-line estimates for Axon (AXON), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
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Axon Enterprise (AXON) closed the most recent trading day at $304.72, moving -1.39% from the previous trading session.
Axon (AXON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Axon Enterprise (AXON) closed at $310.81 in the latest trading session, marking a -0.73% move from the prior day.
SCOTTSDALE, Ariz. , July 23, 2024 /PRNewswire/ -- Axon (Nasdaq: AXON), the global public safety technology leader, today announced that it will report second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024.
In the closing of the recent trading day, Axon Enterprise (AXON) stood at $293.29, denoting a -1.75% change from the preceding trading day.