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Axon Enterprise Q3 Non-GAAP Earnings, Sales Increase; 2024 Revenue Outlook Raised
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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

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