secwatch.observer — SEC 8-K summary
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Issuer:     AXON ENTERPRISE, INC. (AXON)
CIK:        0001069183
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001069183-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axon FY2023 revenue $1.56B (+31%), net income $174M; guides FY2024 rev $1.88-1.94B
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- FY2023 revenue $1.56B (+31% YoY); net income $174M; Adjusted EBITDA $329M.
- Axon Cloud & Services revenue $561M (+52%); ARR $697M (+47%).
- FY2024 revenue guidance $1.88-1.94B (20-24% growth); Adj. EBITDA $410-430M.
- Acquired Sky-Hero and Fusus; total TAM expanded to $63B.
- Dismissed Grant Thornton as auditor; appointed PwC; material weakness in revenue recognition controls.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/0001069183-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069183/000106918324000003/axon-20240226x8k.htm
  HTML page:      https://secwatch.observer/filing/0001069183-24-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer