Axon Enterprise (AXON) Q1 Earnings & Revenues Top Estimates
AXONAxon(AXON) Zacks Investment Research·2024-05-08 01:11

Axon Enterprise, Inc. (AXON) reported first-quarter 2024 adjusted earnings of 1.15pershare,whichsurpassedtheZacksConsensusEstimateof97cents.Thebottomlineincreased30.71.15 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 ...