Axon Enterprise has experienced significant growth, posting a strong fourth-quarter performance with a revenue increase of 34% year-over-year, totaling $575 million. This rebound follows a stock drop due to concerns over competition from Flock Safety. For the full year, Axon posted revenues of $2.1 billion, marking its third consecutive year of growth exceeding 30%. Predictions for 2025 forecast revenue between $2.55 billion and $2.65 billion, highlighting the company's resilience and leadership position in law enforcement technology despite competitive pressures.
"Shares of Axon Enterprise are running 15% higher after its earnings report revealed some impressive numbers. Axon raked in $575 million in revenue for the quarter, up 34% from last year, marking its 12th straight quarter of 25% or greater growth."
"For the full year, revenue hit $2.1 billion, nearly doubling from two years ago and marking the third year in a row its revenue grew greater than 30%."
Collection
[
|
...
]