Axon Enterprise (AAXN) Tops Q2 EPS by 14c, Revenues Beat
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Axon Reports Second Quarter Results; Software Annual Recurring Revenue of $93 Million
August 7, 2018 4:01 PM EDTSCOTTSDALE, Ariz., Aug. 7, 2018 /PRNewswire/ --Â Axon (Nasdaq: AAXN), the global leader in public safety technology, today released the following quarterly update letter to shareholders. Results included:
Total quarterly revenue of $99 million, up 25% year-over-year Axon Cloud revenue of $23 million, up 76% year-over-year Software & Sensors annual recurring revenue of $92.7 million, up 70% year-over-year Completed a successful $246 million public offering of common stock Began field testing of Axon Records with a partner agency Maintaining full year revenue guidance; reiterating full year operating margin outlook and introducing... More