earnings
confidence high
sentiment positive
materiality 0.85
Axon Q2 revenue $504M (+35% YoY), raises FY outlook to $2.00-$2.05B
AXON ENTERPRISE, INC.
2024-Q2 EPS reported
$2.25
revenue$964,835,000
- Q2 revenue $504M (+34.6% YoY); net income $41M ($0.53 EPS); non-GAAP net income $93M ($1.20 EPS).
- Axon Cloud & Services rev $195M (+47% YoY); annual recurring revenue $850M (+44%).
- TASER 10 surpasses 100K units; Axon Body 4 surpasses 200K units; TASER rev +28%, Sensors & Other +28%.
- FY revenue guidance raised to $2.00B-$2.05B (~29.5% growth); Adj. EBITDA margin ~23.1%.
- Adj. EBITDA $123M (24.5% margin, +51% YoY); cash & investments $969M, net cash $279M.