| From: Zen Dollar Round | 10/2/2018 1:20:32 PM | | | | | | Axon To Unveil Next Generation TASER Weapon and Body Camera on October 6 at IACP
Axon celebrates 25 years with new TASER weapon and body-worn camera at annual International Association of Chiefs of Police conference
SCOTTSDALE, Ariz., Oct. 2, 2018 /PRNewswire/ -- Axon ( AAXN), the global leader in connected law enforcement technologies, today announced that it will unveil a new TASER weapon and body camera at the 125th International Association of Chiefs of Police (IACP) Annual Conference in Orlando, Florida. The announcement will be made at Axon's 25th Anniversary Party, which will celebrate Axon's 25 year history of technology innovation in the public safety space. Axon CEO and founder Rick Smith will announce the new products to a sold-out audience of around 3,000 global law enforcement professionals on Saturday, October 6th at the House of Blues, Orlando, Fla.
"Since the launch of our first TASER device, public safety officers have saved more than 200,000 lives from death or serious injury using TASER conducted energy weapons in situations where lethal force could have been used instead," says Smith. "It has been a privilege to innovate in the public safety space for the last 25 years and we hope these new product launches demonstrate that we're still just getting started."
Axon will showcase its new products at the IACP Axon booth, October 7-9. The Axon booth is officially sponsored by FirstNet, built with AT&T – the only nationwide public safety communications platform designed by first responders, for first responders. FirstNet provides a reliable and highly secure connection to the critical information first responders need. At the booth, conference-goers can get hands-on with the TASER weapon along with other new and existing product offerings on the Axon network. Visit Axon's booth number 1839. Verizon, the voice network used the most by public safety and a leading innovator in public safety communications, is the official sponsor of Axon's unveiling of the new TASER weapon and body camera products. Verizon operates the nation's largest and most reliable 4G LTE network. FirstNet and Verizon are both connecting Axon's wireless product offerings.
To learn more about these product announcements, tune in to www.axon.com/IACP at 9:30 pm ET on Saturday, October 6. |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: Zen Dollar Round | 10/2/2018 1:24:50 PM | | | | | | Taser-maker loses sixth patent challenge in a row against Digital Ally
Axon Enterprise Inc. (Nasdaq: AAXN), formerly known as Taser International Inc., lost its sixth challenge in a row against Lenexa-based Digital Ally's patents.
In the latest challenge, the Scottsdale, Ariz.-based company tried to invalidate Digital Ally's Patent No. 9,712,730, which involved a system to mount a portable camera to clothing, a vehicle or anything carried by the user, such as a firearm. But the U.S. Patent Office refused to review the patent, saying the information Axon provided didn't demonstrate enough evidence that the device was unpatentable.
Digital Ally (Nasdaq: DGLY) said the "730" patent in question isn't involved in any active litigation, so they were perplexed by the challenge, but pleased to see the patent upheld.
"The Patent Office's recent decision on the '730 Patent confirms the strength of our patent portfolio," Digital Ally CEO Stanton Ross said in a release. "We have repeatedly said that Digital Ally is the leading innovator of new and life-saving technology for law enforcement and this most recent decision of the Patent Office further justifies our beliefs. Our patent portfolio is strong, robust and the envy of the industry. We remain hopeful that Axon will recognize our innovation and rightful ownership of our valuable intellectual property, but if not, we will continue our fight."
Digital Ally has been engaged in a legal battle with Axon over its intellectual property for about three years now. Digital Ally says Axon is infringing on its patents for technology that activates a camera system when specified triggers — such as turning on emergency lights — occur. Digital Ally said the infringement led them to lose a lot of revenue.
The ongoing legal battle also has been taking a toll on the company's finances. Combined with the loss of business, the company was forced to cut about 40 percent of its workforce earlier this year. Digital Ally even submitted filings with the Securities and Exchange Commission that indicated it was concerned about the company's ability to continue as a going concern and that the board was reviewing its strategic alternatives.
But gaining several wins defending its patents enabled the company to sign a deal with Brickell Key Investments LP in August, receiving $10 million of working capital in exchange for a percentage of potential legal settlements or court awards.
Digital Ally also was able to sell 2.4 million shares of stock last week, raising about $6.75 million, which pushed the company above the minimum threshold of $2.5 million in stockholder equity that is required to remain listed on the Nasdaq exchange. |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| To: JakeStraw who wrote (954) | 10/22/2018 4:48:50 PM | | From: Zen Dollar Round | | | | Axon Enterprise (AAXN) Downgraded by LADENBURG THALM/SH SH to Neutral
LADENBURG THALM/SH SH cut shares of Axon Enterprise (NASDAQ:AAXN) from a buy rating to a neutral rating in a report released on Monday morning, Marketbeat Ratings reports. LADENBURG THALM/SH SH currently has $77.00 target price on the industrial products company’s stock.
Several other equities research analysts also recently weighed in on AAXN. Northcoast Research initiated coverage on shares of Axon Enterprise in a research note on Tuesday, October 2nd. They issued a neutral rating for the company. BidaskClub downgraded shares of Axon Enterprise from a strong-buy rating to a buy rating in a research note on Saturday, September 22nd. Raymond James initiated coverage on shares of Axon Enterprise in a research note on Friday, September 14th. They issued an outperform rating and a $79.00 target price for the company. TheStreet downgraded shares of Axon Enterprise from a b- rating to a c rating in a research note on Thursday, August 9th. Finally, Imperial Capital upgraded shares of Axon Enterprise from an in-line rating to an outperform rating and raised their target price for the company from $50.00 to $62.00 in a research note on Wednesday, August 8th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $62.64.
More at: thelincolnianonline.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: Zen Dollar Round | 11/7/2018 1:40:01 PM | | | | | | SCOTTSDALE, Ariz., Nov. 6, 2018 /PRNewswire/ -- Axon ( AAXN), the global leader in public safety technology, today released the following quarterly update letter to shareholders. Results included:
Total quarterly revenue of $104.8 million, up 16% year-over-year Axon Cloud revenue of $23.9 million, up 47% year-over-year Software & Sensors annual recurring revenue of $101.6 million, up 60% year-over-year All-new TASER 7 conducted energy weapon in active field trials, shipping soon Introduced Axon Body 3, with LTE live-streaming capability
More at: finance.yahoo.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: Zen Dollar Round | 11/7/2018 1:54:07 PM | | | | | | Bought more on today's dip. Same thing happened intraday last time on the day after last quarter's earnings announcement, when AAXN was down as much has 15 points or so, but it recovered quickly and gained back most of the loss over the following sessions.
Still a believer in Axon's prospects long term. |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: Zen Dollar Round | 2/16/2019 8:05:52 PM | | | | | | Axon to Release Fourth Quarter and Full Year 2018 Earnings on February 26, 2019
SCOTTSDALE, Ariz., Feb. 13, 2019 /PRNewswire/ -- Axon (AAXN), the global leader in connected public safety technologies, today announced that it will report 2018 fourth quarter and full year financial results after the market closes on February 26, 2019. Axon executives Rick Smith, CEO and founder; Luke Larson, president; and Jawad Ahsan, CFO; will host a conference call and webcast to discuss the company's financial results at 5 p.m. ET that same day.
The live audio webcast to discuss financial results, followed by Q&A, will be available on Axon's investor relations website at investor.axon.com. An archived replay will be available after the call ends.
More at: finance.yahoo.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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