Why Axon Enterprise's Shares Fell 14% Today
Shares of taser and body-camera maker Axon Enterprise (NASDAQ: AAXN) fell as much as 13.9% in trading Wednesday after reporting second-quarter earnings. At 3:20 p.m. EDT, shares were still 12.5% lower on the day.
Quarterly sales were up 36%, to $79.6 million, and net income was $2.3 million, or $0.04 per share. The revenue result was in line with expectations, and earnings beat by $0.01.
Image source: Axon Enterprise.
Source: Fool.com
Axon Enterprise INC Stock
€286.00
0.070%
Our community is currently high on Axon Enterprise INC with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 305 € shows a slightly positive potential of 6.64% compared to the current price of 286.0 € for Axon Enterprise INC.
