Axon reports Q1 2023 revenue of $343 million, up 34% YOY, raises outlook

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Go back to Axon reports Q1 2023 revenue of $343 million, up 34% YOY, raises outlook

J.P. Morgan Upgrades Axon (AXON) following pullback

May 11, 2023 2:48 PM EDT

J.P. Morgan upgraded Axon Enterprise (NASDAQ: AXON) to an Overweight rating (From Neutarl) and reiterated their 12-month price target of $236.00 following a 15% decline in share price yesterday post print.

Analyst Paul Chung wrote in a note, The pullback we were waiting... More

Axon (AXON) Tops Q1 EPS by 34c; Raises Outlook

May 9, 2023 4:02 PM EDT

Axon (NASDAQ: AXON) reported Q1 EPS of $0.88, $0.34 better than the analyst estimate of $0.54. Revenue for the quarter came in at $343 million versus the consensus estimate of $319.74 million.

GUIDANCE:

Axon sees FY2023 revenue of $1.44-1.46 billion, versus the consensus of $1.44... More