US Stocks Move | Axon Enterprise surges 16% pre-market as Q4 results beat expectations and guidance remains optimistic
Show original
Gelonghui, February 25th|Public safety technology company Axon Enterprise surged 16% in pre-market trading. According to reports, Axon Enterprise's adjusted earnings per share for the fourth quarter were 2.15, beating analysts' consensus estimate of 1.60 by 0.55. Revenue reached 797 million, a year-on-year increase of 39%, surpassing analysts' forecast of 755.55 million. The revenue growth was mainly driven by the adoption of advanced software, TASER 10, Axon Body 4, and anti-drone devices. For the full fiscal year 2026, Axon expects revenue to grow by 27% to 30% year-on-year, with the midpoint of 28.5% implying revenue of approximately 3.57 billion. The company expects to maintain an adjusted EBITDA margin of 25.5%. Looking further ahead, Axon has set a new target for 2028, aiming for annual revenue of about 6 billion. (Gelonghui)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreOwens Corning announced that it is making steady progress toward its goal of achieving an additional $75 million in structural cost improvements through network optimization and enhanced operational efficiency.
Owens Corning releases earnings outlook, expects first quarter revenue from continuing operations to reach approximately $2.1 billion to $2.2 billion.
Crypto prices
MoreBitcoin
BTC
$65,245.25
+3.24%
Ethereum
ETH
$1,918.1
+5.32%
Tether USDt
USDT
$0.9999
+0.02%
XRP
XRP
$1.38
+3.44%
BNB
BNB
$602.73
+2.55%
USDC
USDC
$0.9998
-0.02%
Solana
SOL
$82.54
+7.58%
TRON
TRX
$0.2861
+2.11%
Dogecoin
DOGE
$0.09363
+2.57%
Bitcoin Cash
BCH
$491.34
+2.89%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now