Axon Reports Record Revenue Up 31% to $286 million; Raises Full-Year Outlook

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Axon (AXON) Tops Q2 EPS by 5c, Offers Guidance

August 9, 2022 4:03 PM EDT

Axon (NASDAQ: AXON) reported Q2 EPS of $0.44, $0.05 better than the analyst estimate of $0.39. Revenue for the quarter came in at $286 million versus the consensus estimate of $258.96 million.

GUIDANCE:

Axon sees FY2022 revenue of $1.07-1.12 billion, versus the consensus of $1.08 billion.

Axon's upwardly revised full year 2022 revenue expectation has improved to a range of $1.07 billion to $1.12 billion, reflecting approximately 27% annual growth at the midpoint. Previously, Axon had guided to a range of $1.05 billion to $1.1 billion, reflecting 25% growth at the midpoint.We now expect to deliver 2022 Adjusted... More