Taser maker Axon jumps after lifting outlook again

Axon Enterprise

07/11/2024 22:24

** Axon Enterprise's shares  AXON.O  jump 11.6% to $523 in
extended trading  
    ** Co raises its 2024 revenue forecast for the third time
this year, helped by double-digit growth in sales for both its
Tasers unit and its software products business  
    ** Expects full-year revenue of $2.07 billion, up from
previous forecast of between $2 billion and $2.05 billion
    ** AXON expects Q4 revenue of $560 million to $570 million,
versus estimates of $546.07 million, according to LSEG data 
    ** Stock had risen ~81%% YTD 

 (Reporting by Manas Mishra)
 ((Manas.Mishra@thomsonreuters.com;
www.twitter.com/Manaswrites15;))