Axon (AXON) Shares Up 20% Following Q3 Beat

Axon (NASDAQ: AXON) shares were trading more than 20% higher after-hours following the company’s reported Q3 results, with EPS coming in at $0.67, beating the consensus estimate of $0.26. Quarterly revenue grew 39% to $232 million, compared to the consensus estimate of $201.11 million. Quarterly bookings were up 54% to $488 million driven by strength in software and sensors.

The company expects 2021 revenue of $840 million - $850 million and at least $1.0 billion for 2022.

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