Axon Enterprise, Inc. (NASDAQ:AAXN) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.20 per share.
Looking ahead, the full year income are expected at $ 0.92 per share on the revenues of $ 611.77 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 615.00 million ~ $ 625.00 million
Click Here For More Historical Outlooks Of Axon Enterprise, Inc.
Previous Quarter Performance
Axon Enterprise, Inc. posted loss for the second quarter of $ 0.01 per share, from the revenue of $ 141.26 million. The quarterly revenues swell 25.72 percent compared with the same quarter last year. According to street consensus, AAXN was expected to report 2Q20 income of $ 0.16 per share from revenue of $ 133.36 million. The bottom line results missed street analysts by $ 0.17 or 106.25 percent, at the same time, top line results outshined analysts by $ 7.90 million or 5.92 percent.
Stock Performance
Shares of Axon Enterprise, Inc. traded up $ 3.37 or 3.31 percent on Wednesday, reaching $ 105.05 with volume of 542.70 thousand shares. Axon Enterprise, Inc. has traded high as $ 107.41 and has cracked $ 103.00 on the downward trend
The closing price of $ 105.05, representing a 103.16 % increase from the 52 week low of $ 50.05 and a 10.02 % decrease over the 52 week high of $ 113.00.
The company has a market capital of $ 6.67 billion and is part of the Industrials sector and Aerospace & Defense industry.
Conference Call
Axon Enterprise, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.axon.com
Axon Enterprise, Inc. develops, manufactures, and sells conducted energy weapons (CEWs) worldwide. The company operates through two segments, TASER and Software and Sensors.
