financetom
Business
financetom
/
Business
/
Axon Enterprise Q3 Non-GAAP Earnings, Sales Increase; 2024 Revenue Outlook Raised
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Axon Enterprise Q3 Non-GAAP Earnings, Sales Increase; 2024 Revenue Outlook Raised
Nov 7, 2024 2:48 PM

05:03 PM EST, 11/07/2024 (MT Newswires) -- Axon Enterprise ( AXON ) reported Q3 non-GAAP net income late Thursday of $1.45 per diluted share, up from $1.05 a year earlier.

Analysts polled by Capital IQ expected normalized earnings of $1.20.

Net sales for the quarter ended Sept. 30 were $544.3 million, up from $413.3 million a year earlier.

Analysts surveyed by Capital IQ expected $525.4 million in revenue.

The company said it expects Q4 revenue of $560 million to $570 million. Analysts expect $547.6 million.

For full-year 2024, Axon now expects revenue of roughly $2.07 billion. It previously expected revenue of $2.00 billion to $2.05 billion. Analysts are looking for $2.04 billion.

Price: 426.00, Change: +0.16, Percent Change: +0.04

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Boeing strike poses challenge to MAX targets, supply chain, CFO says
Boeing strike poses challenge to MAX targets, supply chain, CFO says
Sep 13, 2024
(Reuters) - A strike beginning Friday by more than 30,000 of Boeing's U.S. West Coast factory workers will make it harder for the planemaker to meet a 737 MAX production target and stabilize its supply chain, CFO Brian West said on Friday. West also told the Morgan Stanley Laguna Conference he expects third-quarter margins from the company's defense and space...
KKR Aims To Replicate European Private Equity Success: Report
KKR Aims To Replicate European Private Equity Success: Report
Sep 13, 2024
KKR & Co. Inc. ( KKR ) shares are trading higher on Friday. The unit’s assets under management have reportedly increased twofold over the past five years, reaching over $37 billion, as noted by Mattia Caprioli and Tara Davies, who oversee KKR’s operations in Europe, the Middle East, and Africa. The company is optimistic that a deal pipeline will drive...
What's Going On With Workhorse Group Shares Friday?
What's Going On With Workhorse Group Shares Friday?
Sep 13, 2024
Workhorse Group, Inc. ( WKHS ) shares are trading higher Friday after the company announced it will participate in the FedEx Service Provider Summit in early October in order to showcase its W56 electric vehicle. The Details: Workhorse will be the Presidential Exhibitor at the summit which will take place in Orlando, Florida from October 1-4 2024. Specifically, the W56...
Trump says he is not selling his shares of media company
Trump says he is not selling his shares of media company
Sep 13, 2024
RANCHO PALOS VERDES, California (Reuters) -Donald Trump is not selling any of his majority stake in the company that owns Truth Social, and he will not leave the social media platform he created, the Republican U.S. presidential candidate told reporters on Friday. Shares of Trump Media & Technology Group ( DJT ) surged 18% following his comments. Trump owns about...
Copyright 2023-2025 - www.financetom.com All Rights Reserved