Axon Enterprise Stuns Wall Street With Blowout Earnings

Axon Enterprise (NASDAQ: AAXN) shocked analysts by posting third-quarter financial results Thursday that blew past estimates. Where Wall Street expected profits to tumble nearly 30% from the year-ago period, the maker of TASER conducted electrical weapons and Axon body cameras actually saw them surge 43% higher.

Although analysts did expect revenue would rise a modest 15% year over year, Axon instead enjoyed a 27% gain.

Image source: Axon Enterprise.

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Source Fool.com