Axon slumps after Q3 profit fell short of expectations

Axon Enterprise

04/11/2025 21:51

** Shares in Axon Enterprise AXON.O fall nearly 21% to $558.8 in after-hours trading

** TASER maker misses Q3 adjusted EPS estimates, posts profit of $1.17 per share vs analyst average of $1.52 apiece, per LSEG data

** Miss due to higher costs resulting from tariff policies implemented by the Trump administration

** Co to buy emergency communications and response platform Carbyne, valuing it at $625 million

** Up to last close, stock had risen ~19% so far this year

 (Reporting by Prerna Bedi in Bengaluru)

 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))