Axon Enterprise (AXON) Q2 Earnings Top Estimates, '24 View Raised

Axon Enterprise, Inc. (AXON) reported second-quarter 2024 adjusted earnings of $1.20 per share, which surpassed the Zacks Consensus Estimate of$1.06. The bottom line increased 9.1% year over year despite a significant rise in the cost of sales.Total revenues of $504.1 million surpassed the consensus estimate of$477 million and increased 34.6% year over year. The top line benefited from strong demand for TASER and body camera products. Growth in TASER and Sensors revenues with increased adoption of premium ...