Reasons to Hold Axon Enterprise (AXON) in Your Portfolio Now
Axon(AXON) ZACKS·2024-07-02 14:20
Axon Enterprise, Inc. (AXON) has been benefiting from strength in its TASER segment, driven by strong orders for devices and cartridge products. Stable demand for virtual reality training services also supports the segment’s growth. Solid momentum in Axon Evidence and cloud services, driven by growth in the number of users and average revenue per user, is driving the Software & Sensors segment’s growth. In the first quarter, revenues from TASER and Software & Sensors segments increased 33.1% and 34.9%, resp ...