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0.000778538294352383 0.000778538294352383 0.00347098322898774 0.00778538294352365 0.00570928082525075 0.0164790605637916 0.0106400233561489 0.0144678366367147
Stock impact report

Axon Enterprise (AXON) Q1 Earnings & Revenues Top Estimates [Yahoo! Finance]

Axon Enterprise, Inc. (AXON) 
Last axon enterprise, inc. earnings: 2/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
AXON reported first-quarter 2024 adjusted earnings of $1.15 per share, which surpassed the Zacks Consensus Estimate of 97 cents. The bottom line increased 30.7% year over year despite a significant rise in the cost of sales. Total revenues of $460.7 million outperformed the Zacks Consensus Estimate of $438 million and increased 34.3% year over year. The top line benefited from continued strength in Axon Cloud & Services, increasing adoption of TASER 10 driving growth in TASER devices and cartridges, and the adoption of Axon Body 4. Total operating expenses climbed 30% year over year to $243.8 million. The gross margin declined to 56.4% from 59.5% in the year-ago period. Segmental Details in Q1 Software & Sensors: Within this segment, Axon's Cloud and Services revenues rose 51.5% to $176.5 million. The uptick was driven by user growth and increasing adoption of premium add-on features related to Axon Evidence, real-time operations and productivity software. Axon Cloud's gross m Show less Read more
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