Latest news with #securitydevices
Yahoo
4 days ago
- Business
- Yahoo
Axon raises annual revenue forecast on strong security demand
(Reuters) -TASER maker Axon Enterprise raised its full-year revenue forecast on Monday, betting on continued demand for its software products and security devices. Shares of Axon were up 3.5% in aftermarket trading. The Arizona-based company — known for its law enforcement technology, including TASER energy weapons, body-worn cameras, and digital evidence management systems — has benefited from rising corporate spending on executive security and increased federal investment in immigration enforcement. Axon now expects 2025 revenue to be between $2.65 billion and $2.73 billion, up from its earlier forecast of $2.60 billion to $2.70 billion. Analysts on average expect $2.66 billion, according to data compiled by LSEG. For the quarter ended June 30, Axon reported adjusted earnings of $2.12 per share, well above analysts' average estimate of $1.46. Quarterly revenue came in at $668.54 million, compared with expectations of $631.56 million. Sign in to access your portfolio


Reuters
4 days ago
- Business
- Reuters
Axon raises annual revenue forecast on strong security demand
Aug 4 (Reuters) - TASER maker Axon Enterprise (AXON.O), opens new tab raised its full-year revenue forecast on Monday, betting on continued demand for its software products and security devices. Shares of Axon were up 3.5% in aftermarket trading. The Arizona-based company — known for its law enforcement technology, including TASER energy weapons, body-worn cameras, and digital evidence management systems — has benefited from rising corporate spending on executive security and increased federal investment in immigration enforcement. Axon now expects 2025 revenue to be between $2.65 billion and $2.73 billion, up from its earlier forecast of $2.60 billion to $2.70 billion. Analysts on average expect $2.66 billion, according to data compiled by LSEG. For the quarter ended June 30, Axon reported adjusted earnings of $2.12 per share, well above analysts' average estimate of $1.46. Quarterly revenue came in at $668.54 million, compared with expectations of $631.56 million.


CNA
07-05-2025
- Business
- CNA
TASER maker Axon raises annual revenue forecast, shares jump
TASER maker Axon Enterprise raised its full-year revenue forecast on Wednesday, banking on sustained demand for its software products and security devices, sending its shares up more than 7 per cent after the bell. The Arizona-based company makes law enforcement technology such as body cameras, drones and sensors. Axon expects 2025 revenue to be between $2.60 billion and $2.70 billion, compared with its prior range of $2.55 billion to $2.65 billion. Analysts on average estimate of $2.62 billion, according to data compiled by LSEG. The company is the leading maker of police body cameras in the U.S. and supplies drones to law enforcement authorities across North America, Europe and Australia. Capital expenditure for the year is expected to be in the range of $160 million to $180 million, excluding costs related to investments in a new headquarters, the company said. On an adjusted basis, Axon earned $1.41 per share for the first quarter ended March 31, while analysts estimated $1.27 per share. Its quarterly revenue was $603.6 million, compared with the estimate of $583.8 million.