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0.00189833368487668 0.00328692962103636 0.000272446038107443 -0.00451733108345626 0.00667053364269154 0.0227894958869438 0.0465970610982214 0.0528281656471913
Stock impact report

Axon Enterprise's Q3 Earnings Top Estimates, '24 View Raised [Yahoo! Finance]

Axon Enterprise, Inc. (AXON) 
Last axon enterprise, inc. earnings: 2/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The bottom line increased 18.9% year over year despite a significant rise in the cost of sales. Total revenues of $544.3 million surpassed the consensus estimate of $527 million and increased 31.7% 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 software offerings, augmented the top-line results. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Software & Sensors: Within this segment, Cloud and Services revenues rose 36% to $203 million. The uptick was driven by new customer adoption of Axon Evidence and continued expansion with the company's existing customers. Cloud & Services' adjusted gross margin increased year over year to 75.2% from 73.7% due to a higher software mix revenues relative to professional services. Sensors & Other revenues climbed 18% to $120 million, driven by increased demand for Axon Body cameras. The gross margin Show less Read more
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