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Axon Enterprise Inc (NASDAQ: AXON) |
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Price: $551.8650
$-7.19 
-1.287%
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| Day's High:
| $557
| Week Perf:
| -1.45 %
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| Day's Low: |
$ 540.00 |
30 Day Perf: |
-3.59 % |
| Volume (M): |
142 |
52 Wk High: |
$ 715.99 |
| Volume (M$): |
$ 78,619 |
52 Wk Avg: |
$435.79 |
| Open: |
$554.78 |
52 Wk Low: |
$273.52 |
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| Market Capitalization (Millions $) |
43,348 |
| Shares
Outstanding (Millions) |
79 |
| Employees |
3,330 |
| Revenues (TTM) (Millions $) |
2,082 |
| Net Income (TTM) (Millions $) |
377 |
| Cash Flow (TTM) (Millions $) |
-134 |
| Capital Exp. (TTM) (Millions $) |
79 |
Axon Enterprise Inc
Axon Enterprise Inc. is a technology company that is focused on enhancing public safety in the United States and other countries around the world. It was founded in 1993 under the name Taser International Inc. until it changed its name in 201 The company's primary goal is to create innovative solutions to help law enforcement agencies work more effectively and efficiently.
Axon Enterprise offers both hardware and software solutions for law enforcement agencies. They manufacture and sell products such as stun guns, various models of tasers, and body cameras. Additionally, Axon Enterprise also provides a cloud-based software platform called Evidence.com, which is designed to assist law enforcement agencies in securely managing and sharing digital evidence.
Similarly, as a technology company that is focused on ensuring public safety, Axon delivers a wide range of public safety services to its clients. They offer solutions such as Axon Academy, a program that focuses on the training and certification of law enforcement personnel who use their technology products. Axon also offers the Axon Signal platform which helps in integrating products and allows easy connectivity, Axon Records which offers a centralized repository for all digital records related to law enforcement. The company's endeavors to offer an all in one solution that caters to the safety and effectiveness of law enforcement agencies.
Axon Enterprise has a reputation for being a socially responsible corporation. They have publicly released their policies on personal privacy rights, use of force, and police body camera guidelines, which has earned them accolades from human rights organizations, and other individuals who advocate for civil liberties. Axon also supports public safety to other countries having their presence in more than 100 countries.
In conclusion, Axon Enterprise Inc. is a leading technology company focused on enhancing public safety for law enforcement agencies across the globe. They provide both hardware and software solutions, and a broad range of public safety services, such as training, certification, and digital record management. Axon has a social responsibility mandate focused on transparency, privacy, and civil liberties that have earned them an excellent reputation.
Company Address: 17800 North 85th Street Scottsdale 85255 AZ
Company Phone Number: 991-0797 Stock Exchange / Ticker: NASDAQ AXON
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| Stock Performances by Major Competitors |
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| Axon Enterprise Inc
Axon Enterprise Inc (AXON) has experienced positive growth in both its stock performance and financial results. Over the past five trading days, the company's stock has improved by 1.68%, indicating a positive momentum. Additionally, compared to the previous year, AXON's stock has shown a significant improvement of 45.39%. The stock is now only 3.4% away from reaching its 52-week high of $329.87, indicating a potential upward trend for the company.
Examining the recent financial results of AXON, it is evident that the company has achieved notable growth. During the most recent fiscal period, the company's net profit per share increased rapidly by 183.61% to $1.73 per share compared to the previous year. This growth can be attributed to the company's growing revenue, which also experienced a significant increase of 34.107% to reach $460.05 million.
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| Axon Enterprise Inc
In the fourth quarter of 2023, Axon Enterprise Inc. reported impressive financial results, with a significant rise in both income per share and revenue. The company's income per share surged by 80.09% year on year to $0.72 per share, while revenue increased by 28.799% to $432.95 million. This outperformed the Aerospace & Defense sector, which reported a 7.61% top-line rise during the same period.
Despite a slight dip in sequential EPS of -7.8%, Axon Enterprise Inc. saw a substantial increase in net earnings, which rose by 96.3% to $57.271 million in the October to December 31, 2023 financial time-frame compared to a year ago. The company also noted improvements in profit margins, with net margin increasing to 13.23% and operating margin edging up to 9.89%.
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| Axon Enterprise Inc
Axon Enterprise Inc, a prominent player in the Aerospace & Defense sector, has reported impressive third-quarter earnings for 2023. The company saw a significant increase in its earnings per share (EPS), which soared by 358.82% to $0.78 compared to the previous year. This substantial growth is indicative of Axon's successful strategies and robust financial performance.
One of the key drivers behind Axon's impressive earnings is its revenue growth. The company reported a revenue increase of 32.563%, reaching $413.27 million in the third quarter of 2023. This growth outperformed its sector peers in the Aerospace & Defense industry, which experienced an overall revenue improvement of 8.74% during the same period. Axon's ability to outshine its competitors is a testament to its market leadership and efficient business operations.
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| Axon Enterprise Inc
Axon Enterprise Inc, a prominent Aerospace & Defense company, recently released its financial results for the second quarter of 2023. A detailed analysis reveals key facts and figures that can shed light on the company's performance and its potential impact going forward.
EPS Decline and Revenue Growth:
During the last fiscal period, Axon Enterprise Inc reported a decrease in earnings per share (EPS) from $0.71 in the second quarter of 2022 to $0.16 in the second quarter of 2023. However, it is essential to note that the company experienced an impressive 30.989% growth in revenue during the same period. This substantial increase in revenue is significantly higher than the average growth of 13.13% seen among its Aerospace & Defense industry peers.
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| Axon Enterprise Inc
Axon Enterprise Inc, a leading manufacturer of law enforcement technology, showed a negative trend in its first quarter results for 2023. Despite a growth in its net income by 54.72% from the fourth quarter of 2022, the company's return on equity (ROE) diminished compared to the previous quarter. ROE is a crucial measure of a company's profitability, and this decline raises a red flag.
While Axon Enterprise Inc's ROE of 10.78% is above its average of 7.27%, it lags behind that of four of its peers in the aerospace and defense industry. This is concerning, indicating that the company may be losing its competitive edge. Moreover, while Axon Enterprise Inc's overall ranking for ROE improved in the quarter, from 1384 in the fourth quarter of 2022 to 877, this is not a significant improvement and reflects the underperformance of the company along with its competitors
Axon Enterprise Inc announced earnings per share of $0.61 and revenue of $336.14 million in the first quarter of 2023. While revenue increased by 33.779% from the same period in the previous year, it is a point of concern that the company's earnings per share fell from $0.76 in the first quarter of 2022 to $0.61 in the first quarter of 2023. This is a significant reduction that should not be overlooked.
Net earnings for the period ended March 31, 2023, fell by 17.74%, from $54.871 million in the previous year, to $45.139 million. This further highlights the decline in the company's profitability. Axon Enterprise Inc shifted its focus on improving sales in the first quarter of 2023, but this was not enough to prevent a decrease in its net margin, which eased to 13.16%.
Operating earnings fell by 3.41% to $16.608 million, leading to a decrease in Axon Enterprise Inc's operating margin to 4.84% from 6.71% in the first quarter of 2022. This decline in operating margin is indicative of the company's struggles to manage its costs. Furthermore, the fact that the company's net income did not translate into an increase in operating earnings and margins should be a warning to potential investorsIn conclusion, Axon Enterprise Inc's first-quarter 2023 results were disappointing, indicating a decline in the company's profitability and competitiveness. While revenue increased, the decrease in earnings per share, net earnings, and operating earnings and margins, along with a decline in ROE, should be taken as red flags. Axon Enterprise Inc may have to work hard to regain its competitive edge and improve its profitability in the coming quarters. Thus, it seems relevant to take a cautious approach and avoid investing in this company for the time being.
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| Per Share |
Current |
| Earnings (TTM) |
4.75 $ |
| Revenues (TTM) |
26.51 $
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| Cash Flow (TTM) |
- |
| Cash |
8.31 $
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| Book Value |
29.63 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
4.75 $
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| Revenues (TTM) |
26.51 $ |
| Cash Flow (TTM) |
- |
| Cash |
8.31 $
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| Book Value |
29.63 $ |
| Dividend (TTM) |
0 $ |
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| TASER Devices Professional |
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 24 % |
of total Revenue |
| Cartridges |
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11.07 % |
of total Revenue |
| Axon Evidence and Cloud Services |
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39.97 % |
of total Revenue |
| Extended Warranties |
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4.97 % |
of total Revenue |
| Axon Body Cameras and Accessories |
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12.94 % |
of total Revenue |
| Axon Fleet Systems |
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4.27 % |
of total Revenue |
| Other |
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2.87 % |
of total Revenue |
| TASER |
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40.78 % |
of total Revenue |
| TASER TASER Devices Professional |
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24 % |
of total Revenue |
| TASER Cartridges |
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11.07 % |
of total Revenue |
| TASER Axon Evidence and Cloud Services |
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2.55 % |
of total Revenue |
| TASER Extended Warranties |
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1.79 % |
of total Revenue |
| TASER Other |
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1.37 % |
of total Revenue |
| Software and Sensors |
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59.32 % |
of total Revenue |
| Software and Sensors Axon Evidence and Cloud Services |
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37.42 % |
of total Revenue |
| Software and Sensors Extended Warranties |
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3.18 % |
of total Revenue |
| Software and Sensors Axon Body Cameras and Accessories |
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12.94 % |
of total Revenue |
| Software and Sensors Axon Fleet Systems |
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4.27 % |
of total Revenue |
| Software and Sensors Other |
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1.5 % |
of total Revenue |
| United States |
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88.75 % |
of total Revenue |
| Other countries |
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11.34 % |
of total Revenue |
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