Axon Enterprise (AAXN) Misses Q4 EPS by 3c, Revenue Beats, Offers Guidance

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Axon Delivers Record Q4 and Full Year 2018 Revenue and Bookings; Introduces 2019 Guidance

February 26, 2019 4:01 PM EST

SCOTTSDALE, Ariz., Feb. 26, 2019 /PRNewswire/ -- Axon (Nasdaq: AAXN), the global leader in public safety technology, today released the following quarterly update letter to shareholders. Financial performance included the following record results:

Total company Q4 revenue of $115 million, up 21% YOY Axon Cloud revenue of $26 million, up 50% YOY International revenue of $24 million, up 52% YOY Software & Sensors bookings of $110 million, up 54% YOY Full year revenue of $420 million, up 22% YOY Full year GAAP operating income of $25 million, up 91% YOY; Adjusted EBITDA of $61 million, up 53% YOY Introducing... More