Workflow
Axon(AXON)
icon
Search documents
Axon (AXON) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-08 00:00
For the quarter ended September 2024, Axon Enterprise (AXON) reported revenue of $544.27 million, up 31.6% over the same period last year. EPS came in at $1.45, compared to $1.02 in the year-ago quarter.The reported revenue represents a surprise of +3.25% over the Zacks Consensus Estimate of $527.12 million. With the consensus EPS estimate being $1.22, the EPS surprise was +18.85%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Axon Enterprise (AXON) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 23:15
Axon Enterprise (AXON) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.85%. A quarter ago, it was expected that this maker of stun guns and body cameras would post earnings of $1.06 per share when it actually produced earnings of $1.20, delivering a surprise of 13.21%.Over the last ...
Axon(AXON) - 2024 Q3 - Quarterly Results
2024-11-07 21:45
Exhibit 99.1 CONTACT: Investor Relations Axon Enterprise, Inc. IR@axon.com Axon reports Q3 2024 revenue of $544 million, up 32% year over year, raises outlook • Axon Cloud & Services revenue grows 36% to $203 million • Annual recurring revenue grows 36% to $885 million • Net income of $67 million supports non-GAAP net income of $113 million and Adjusted EBITDA of $145 million • Raises full year revenue outlook to approximately $2.07 billion, over 32% annual growth; expects full year Adjusted EBITDA margin o ...
Axon reports Q3 2024 revenue of $544 million, up 32% year over year, raises outlook
Prnewswire· 2024-11-07 21:01
SCOTTSDALE, Ariz., Nov. 7, 2024 /PRNewswire/ -- Axon Cloud & Services revenue grows 36% to $203 million Annual recurring revenue grows 36% to $885 million Net income of $67 million supports non-GAAP net income of $113 million and Adjusted EBITDA of $145 million Raises full year revenue outlook to approximately $2.07 billion, over 32% annual growth; expects full year Adjusted EBITDA margin of approximately 24.6%Fellow shareholders,Axon is proud to report strong third quarter results and raise our outlook for ...
AXON Gears Up to Report Q3 Earnings: What's in the Offing?
ZACKS· 2024-11-05 16:01
Axon Enterprise, Inc. (AXON) is scheduled to release third-quarter 2024 results on Nov. 7, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company has a stellar earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 24.1%.Let’s see how things have shaped up for Axon this earnings season.Factors to NoteStrong demand for TASER devices and higher cartridge revenues are expected to ...
Axon Enterprise (AXON) Rises Higher Than Market: Key Facts
ZACKS· 2024-11-01 22:50
Axon Enterprise (AXON) ended the recent trading session at $425.84, demonstrating a +0.55% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.41%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 0.8%.Shares of the maker of stun guns and body cameras witnessed a gain of 2.04% over the previous month, beating the performance of the Industrial Products sector with its loss of 1.5% and the S&P 500's l ...
2 Potential Stock-Split AI Stocks Up 212% and 730% in 5 Years to Buy Now, According to Wall Street
The Motley Fool· 2024-11-01 08:00
Meta Platforms and Axon Enterprise are potential stock-split stocks after tremendous share price appreciation.Shares of Meta Platforms (META -4.09%) and Axon Enterprise (AXON -3.53%) over the last five years soared 212% and 730%, respectively. By comparison, the S&P 500 (^GSPC -1.86%) returned just 91% during the same period. Both companies are stock split candidates after that share price appreciation, but whether either stock splits matters very little in the long run.What actually matters is that Meta Pl ...
Is Trending Stock Axon Enterprise, Inc (AXON) a Buy Now?
ZACKS· 2024-10-30 14:05
Core Viewpoint - Axon Enterprise (AXON) has shown strong stock performance recently, with a return of +11.2% over the past month, significantly outperforming the Zacks S&P 500 composite's +1.8% and the Zacks Security and Safety Services industry's +2.8% [2] Earnings Estimates - For the current quarter, Axon is expected to post earnings of $1.21 per share, reflecting an increase of +18.6% year-over-year, with the Zacks Consensus Estimate remaining unchanged over the last 30 days [5] - The consensus earnings estimate for the current fiscal year is $4.91, indicating a change of +18.6% from the prior year, also unchanged over the last 30 days [5] - For the next fiscal year, the consensus earnings estimate is $5.99, suggesting a change of +22.1% from the previous year, with a slight increase of +0.3% over the past month [6] Revenue Growth - The consensus sales estimate for the current quarter is $526.43 million, indicating a year-over-year change of +27.3% [9] - For the current fiscal year, the revenue estimate is $2.04 billion, reflecting a change of +30.6%, while the estimate for the next fiscal year is $2.48 billion, indicating a change of +21.5% [9] Recent Performance - In the last reported quarter, Axon achieved revenues of $504.1 million, representing a year-over-year increase of +34.6%, with an EPS of $1.20 compared to $1.11 a year ago [10] - The reported revenues exceeded the Zacks Consensus Estimate of $476.92 million by +5.7%, and the EPS surprise was +13.21% [11] - Axon has consistently beaten consensus EPS and revenue estimates in the trailing four quarters [11] Valuation - Axon is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [15] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [13][14] Overall Outlook - The Zacks Rank 3 suggests that Axon may perform in line with the broader market in the near term, despite the market buzz surrounding the company [16]
Wall Street Analysts See Axon (AXON) as a Buy: Should You Invest?
ZACKS· 2024-10-25 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Axon Enterprise (AXON) . Axon currently has an average brokerage recommendation (ABR) of 1.27, ...
Axon to Release Third Quarter 2024 Earnings on November 7, 2024
Prnewswire· 2024-10-24 20:01
SCOTTSDALE, Ariz., Oct. 24, 2024 /PRNewswire/ -- Axon (Nasdaq: AXON), the global public safety technology leader, today announced that it will report third quarter 2024 financial results after the market closes on Thursday, November 7, 2024. Axon will host a live Zoom video webinar to discuss the company's financial results at 5 p.m. ET that same day.The live webinar to discuss financial results, followed by Q&A, will be linked from Axon's investor relations website at https://investor.axon.com. An archived ...