Axon Enterprise Is Expanding Gross Margin
Growth companies frequently spend profits to expand their market share, but when a more mature company posts a loss, investors take note. Axon Enterprise (NASDAQ: AXON), founded in 1993, has been riding a wave of growth driven by the subscription revenue from its software and sensors business segment, but the company posted a loss in its most recent quarter. On a Fool Live episode recorded on July 14, Fool contributors Brian Feroldi and Toby Bordelon discuss the company's recent results, its expanding gross margin, and why its bottom line was underwater.
Source Fool.com
