earnings
confidence high
sentiment positive
materiality 0.80
Axon Q3 revenue $312M (+34% YoY); raises full-year outlook; ARR $403M (+40%)
AXON ENTERPRISE, INC.
2022-Q3 EPS reported
$1.63
revenue$853,793,000
- Revenue $312M, up 34% YoY; GAAP EPS $0.17, non-GAAP EPS $0.60.
- Axon Cloud revenue $95.7M (+51% YoY); ARR $403M (+40%); net revenue retention 120%.
- TASER segment revenue $144.9M (+19.3% YoY); 63% of TASER devices sold on subscription.
- Adjusted EBITDA $68M (21.7% margin); operating cash flow $41M; free cash flow $26M.
- Raised full-year outlook; appointed Brittany Bagley as CFO and CBO in September.