Axon Enterprise Stock Climbs After Q2 Results: Here's Why
1. Axon reported Q2 earnings of $2.12, exceeding estimates by 45.11%. 2. Quarterly revenue reached $669 million, surpassing expectations of $641.24 million. 3. Annual recurring revenue climbed 39% to $1.2 billion, indicating strong growth. 4. Axon raised its fiscal year sales outlook to $2.65-$2.73 billion. 5. Stock was up 3.38% in extended trading post-results announcement.