Axon Enterprise Q3 Adj $1.02 Beats $0.76 Estimate, Sales $413.60M Beat $391.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Axon Enterprise (NASDAQ:AXON) reported Q3 earnings of $1.02 per share, beating the analyst consensus estimate of $0.76 by 34.21%. This is a 70% increase from the same period last year. The company also reported quarterly sales of $413.60 million, beating the analyst consensus estimate of $391.14 million by 5.74%. This is a 32.67% increase from the same period last year.
November 07, 2023 | 9:21 pm
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POSITIVE IMPACT
Axon Enterprise's Q3 earnings and sales beat analyst estimates, showing significant YoY growth. This positive financial performance may boost investor confidence and potentially drive the stock price up in the short term.
Axon Enterprise's Q3 earnings and sales exceeded analyst estimates, indicating strong financial performance. This positive news is likely to increase investor confidence in the company, which could lead to increased demand for the stock and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100