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-8.39630562552906E-05 -8.39630562552906E-05 0.0010495382031906 0.000755667506297138 0.0010495382031906 -0.00172124265323256 0.00176322418136015 0.0015113350125944
Stock impact report

Will Rising User Base Continue to Drive Axon's Software & Services Unit? [Yahoo! Finance]

Woodward, Inc. (WWD) 
Last woodward, inc. earnings: 2/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: woodward.com/investors.aspx
Company Research Source: Yahoo! Finance
An increase in the aggregate number of users to the Axon network is supporting the segment's performance. After witnessing a year-over-year 33.4% jump in revenues in 2024, revenues from the segment increased 39% in the first quarter of 2025 and grew 38.8% in the second quarter. Strong momentum in digital evidence management and rising demand for premium add-on features are driving the segment's performance. Also, the adoption of premium subscription plans continues to grow as more customers recognize the value of enhanced capabilities. Existing customers are consistently returning to purchase additional services, reflecting strong customer satisfaction and engagement. This recurring activity is helping Axon grow its base of annual recurring revenues (ARR), supporting long-term growth. With nearly 70% of AXON's domestic user base still on basic plans, the Software & Services segment is positioned for substantial future growth. New product innovations are also driving growth, with c Show less Read more
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