Axon (AXON) Tops Q2 EPS by 18c; raises guidance

Axon (NASDAQ: AXON) reported Q2 EPS of $1.20, $0.18 better than the analyst estimate of $1.02. Revenue for the quarter came in at $504 million versus the consensus estimate of $477.85 million.

GUIDANCE:

Axon sees FY2024 revenue of $2-2.05 billion, versus the consensus of $1.982 billion.

Axon expects full year 2024 Adjusted EBITDA dollars of $460 million to $475 million, implying Adjusted EBITDA margin of approximately 23.1%. This is an increase from our prior Adjusted EBITDA guidance range of $430 million to $445 million, which implied Adjusted EBITDA margin of approximately 22.3%.

For earnings history and earnings-related data on Axon (AXON) click here.

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