"Performance" Axon last quarter's profit exceeded expectations, stock price rose 10% in pre-market trading
Taser manufacturer Axon Enterprise (AXON.US) announced that its adjusted earnings per share for the fourth fiscal quarter were $2.15, exceeding market expectations of $1.60, primarily due to strong demand for its security equipment and software products. The stock price rose 10% in pre-market trading.
The company stated that orders for 2025 reached $7.4 billion, a year-on-year increase of 46%, with fourth-quarter orders growing by approximately 50%. Axon expects revenue to grow between 27% and 30% this year
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