Axon's Q4 Earnings Top Estimates on Solid Software & Sensors Sales

Axon Enterprise, Inc. (AXON) reported fourth-quarter 2024 adjusted earnings of $2.08 per share, which surpassed the Zacks Consensus Estimate of$1.53. The bottom line surged 84.1% year over year despite a significant rise in the cost of sales.Total revenues of $575.1 million surpassed the consensus estimate of$566.1 million and increased 33.6% year over year. The top line benefited from strong demand for TASER, Axon Body 4 and Axon Fleet 3 products. Growth in TASER and Sensors revenues, with increased adop ...