For the quarter ended March 2024, Axon Enterprise (AXON) reported revenue of $460.74 million, up 34.3% over the same period last year. EPS came in at $1.15, compared to $0.88 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $437.52 million, representing a surprise of +5.31%. The company delivered an EPS surprise of +18.56%, with the consensus EPS estimate being $0.97. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-16391 | --- | --- | |---------------------------------------------------------------------------------------- ...

Exhibit 99.1 CONTACT: Investor Relations Axon Enterprise, Inc. IR@axon.com Axon reports Q1 2024 revenue of $461 million, up 34% year over year, raises outlook ● Axon Cloud & Services revenue grows 52% to $176 million ● Annual recurring revenue grows 50% to $825 million ● Net income of $133 million supports non-GAAP net income of $89 million and Adjusted EBITDA of $109 million ● Raises full year revenue outlook to a range of $1.94 billion to $1.99 billion, up from $1.88 billion to $1.94 billion Fellow shareh ...

"By combining Axon's 30-year legacy of innovation with Dedrone's cutting-edge airspace security solutions, we aim to revolutionize public safety once again," said Axon Founder and CEO Rick Smith. "Together, we will accelerate our efforts in creating a more advanced end-to-end drone solution that enables the good drones to fly and helps ensure the bad ones don't." Dedrone Chief Executive Officer Aaditya Devarakonda said: "Dedrone's growing impact across industries such as federal governments, utilities and c ...

The upcoming report from Axon Enterprise (AXON) is expected to reveal quarterly earnings of $0.97 per share, indicating an increase of 10.2% compared to the year-ago period. Analysts forecast revenues of $437.52 million, representing an increase of 27.5% year over year.The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this ...

Key PointsThe industrial sector has outperformed YTD, up almost 7%, outpacing the overall market's increase of 5.6%.Within the sector, the aerospace & defense industry has outperformed amid economic and political uncertainties.Breakout candidates within the industry include LMT, XON, GD, RTX, and HWM, all of which are currently trading near 52-week highs.5 stocks we like better than Lockheed Martinhttps://www.marketbeat.com/stocks/NYSE/HWM/Year-to-date, the industrials sector has demonstrated significant ou ...

The most recent trading session ended with Axon Enterprise (AXON) standing at $313.30, reflecting a +1.64% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.35%.Shares of the maker of stun guns and body cameras have depreciated by 1.49% over the course of the past month, outperforming the Industrial Products sector's loss of 2.63% and ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Axon Enterprise (AXON) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbers are better than expe ...

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For all law enforcement agencies, Draft One is a valuable tool that will be an immediate force multiplier for their workforce. Reporting is a critical component of good police work; however, it has become a significant part of the job that officers commonly refer to as "burdensome." Axon found that every week officers in the U.S. can spend up to 40% of their time — or 15 hours per week — on what is essentially data entry. Additionally, prosecutors and defense attorneys have shared that they welcome the qual ...