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Axon: Q2 Earnings Snapshot
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SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Axon Enterprise Inc. (AXON) on Wednesday reported second-quarter profit of $29.4 million.

On a per-share basis, the Scottsdale, Arizona-based company said it had net income of 36 cents. Earnings, adjusted for one-time gains and costs, were $1.88 per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.89 per share.

The maker of stun guns and body cameras posted revenue of $904.4 million in the period, topping Street forecasts. Seven analysts surveyed by Zacks expected $868.3 million.

Axon shares have climbed 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $607.99, a drop of 30% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXON at https://www.zacks.com/ap/AXON

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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