| From: J.F. Sebastian | 7/26/2018 4:55:02 AM | | | | | | Hello, I'm J.F. Sebastian. After searching the forums at SI and not finding one related to Axon Enterprise, Inc., I was about to create my own when I realized I needed to check for any that had been created with under Axon's former name, TASER International, Inc., trading under the symbol TASR.
After seeing this thread and noticing that moderator Jill had not posted on this thread since 2008, nor on SI at all since 2010, I PM'ed Dmitry to inquire if I might take over the moderation duties here. He accepted my request, so I updated the introduction and I'm making my first post.
With AAXN up 175% year-to-date and their transition and expansion into wearable body cameras for law enforcement, I think the sky is the limit for the company's future prospects. As mentioned in the intro, I've seen AAXN show up many times on "best stocks to own" type lists this year, and after some investigation, I agree.
I look forward to contributing to a more active thread and getting the word out about this great company.
Yes, I am long AAXN. :-) |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: J.F. Sebastian | 7/26/2018 5:09:37 AM | | | | | | Axon Enterprise Sees Its Composite Rating Rise To 96
Axon Enterprise ( AAXN) saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before.
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they begin to launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Axon Enterprise is now out of buy range after clearing the 28.06 buy point in a cup with handle.
One weak spot is the company's 74 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 129% increase in earnings for Q1. That means it's now generated two straight quarters of rising EPS gains. Revenue growth climbed 28%, up from 15% in the prior report. That marks one quarter of rising revenue increases. The company's next quarterly report is expected on or around Aug. 8.
Axon Enterprise earns the No. 4 rank among its peers in the Security/Safety industry group. MSA Safety ( MSA) is the No. 1-ranked stock within the group.
Link at: investors.com |
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| From: J.F. Sebastian | 8/3/2018 2:28:05 PM | | | | | | Axon to Release Second Quarter 2018 Earnings on August 7, 2018
SCOTTSDALE, Ariz., July 31, 2018 /PRNewswire/ -- Axon (Nasdaq: AAXN), the global leader in connected law enforcement technologies, today announced that it will report 2018 second quarter financial results after the market closes on August 7, 2018. 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.
To join the live audio call, please dial 877-303-9126 (domestic) or +1-253-237-1156 (international) and use conference ID number 9995809.
The call will be available via live audio webcast and archived replay on Axon's investor relations website at investor.axon.com.
Direct link to webcast: edge.media-server.com |
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| From: JakeStraw | 8/8/2018 10:59:18 AM | | | | | | Axon Reports Second Quarter Results; Software Annual Recurring Revenue of $93 Million
Total quarterly revenue of $99 million, up 25% year-over-year
Axon Cloud revenue of $23 million, up 76% year-over-year
Software & Sensors annual recurring revenue of $92.7 million, up 70% year-over-year
Completed a successful $246 million public offering of common stock
Began field testing of Axon Records with a partner agency
Maintaining full year revenue guidance; reiterating full year operating margin outlook and introducing full year adjusted EBITDA margin guidance of 14% to 16%
markets.siliconinvestor.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: JakeStraw | 8/24/2018 8:25:17 AM | | | | | | For a long time, Axon was just a stun gun manufacturer known as Taser International. But with a name change last year, the company's transformation was formalized. While Axon's weapons segment is still very strong (and benefits from a virtual monopoly in the field), it is the company's software ambitions that have me really excited.
While there's nothing terribly special about Axon's body cameras, it's the Evidence.com platform for storing and analyzing the video from the cameras that makes it an excellent investment. Once a police department signs on to use the platform, it gets locked into Axon's system. The costs -- in finances, time to retrain entire workforces, and risks involved with losing crucial evidence -- associated with switching to another provider are onerous. And given that Axon just secured a monopoly in this field as well, there's still lots of room to run.
Next year, the company plans to roll out a new records management system, which uses AI and could save thousands of hours of paperwork to free up police officers. Management expects this to be a $2 billion market alone. Who knows how Axon will help make law enforcement more efficient (and accountable) in the years ahead?
fool.com |
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| From: JakeStraw | 9/20/2018 8:37:35 AM | | | | | | Boston Police Department Joins Forces with Axon for Body-Worn Camera Program
markets.siliconinvestor.com
BPD's deployment of Axon's Body 2 cameras follows a year-long pilot program. The goals of the program included analyzing changes to officer productivity as well as reviewing feedback from both police and community when body cameras were present in the field.
"It is clear from the pilot program that the use of body cameras helps to build trust between members of the community and our officers," says BPD Commissioner William Gross. "By moving forward with body cameras, we are continuing to increase transparency and public trust." |
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| From: J.F. Sebastian | 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. |
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| From: J.F. Sebastian | 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. |
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