| From: J.F. Sebastian | 6/1/2020 7:56:32 PM | | | | | | Shares of Axon, a maker of non lethal weapons and cameras for police, jump amid nationwide protests
Shares of law enforcement supplier Axon Enterprise spiked more than 18% on Monday after protests against police brutality turned violent in many cities across the country.
Axon, formerly known as Taser International, sells electrical weapons and body cameras for law enforcement officers. The stock’s jump on Monday followed a gain of 3.8% during Friday’s session.
The company was one of several that Oppenheimer identified in a note as providing technology that could be beneficial in reforming government agencies, such as police departments. The firm’s analysts praised Axon’s CEO, writing, “CEO Rick Smith has a company vision and personal passion to arm police agencies with technology and disarm them of lethal weapons.”
Over the weekend, Smith said released a statement on the company’s website in which he included quotes from police chiefs from Arizona and Washington and said “everyone deserves to get home safe.”
“We offer our sincere condolences to all those who loved George Floyd and we empathize with the citizens and communities who are angry and acknowledge the pain and suffering they are experiencing in the wake of this event,” Smith said in the statement.
The company, which has a market cap of roughly $4.5 billion, changed its name to Axon from Taser in 2017.
The stock has gained more than 22% year-to-date.
Link: cnbc.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: J.F. Sebastian | 6/16/2020 9:51:53 AM | | | | | | Shares of AAXN down so far today on news of secondary offering:
Axon Announces Proposed Public Offering of Common Stock
SCOTTSDALE, Ariz., June 15, 2020 /PRNewswire/ -- Axon Enterprise, Inc. (NASDAQ: AAXN), the global leader in connected law enforcement technologies, today announced that it has commenced a proposed public offering of 3,000,000 of shares of its common stock. The underwriters have a 30-day option to purchase up to 450,000 additional shares of common stock in the public offering. Axon intends to use the net proceeds from this offering for working capital and other general corporate purposes.
J.P. Morgan Securities LLC is acting as book-running manager for the proposed offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the final size or terms of the offering.
More at: finance.yahoo.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: J.F. Sebastian | 1/15/2021 10:56:58 AM | | | | | | Axon Enterprise, Inc. Expected to Post Earnings of $0.35 Per Share
Brokerages forecast that Axon Enterprise, Inc. (NASDAQ:AAXN) will post $0.35 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Axon Enterprise’s earnings, with estimates ranging from $0.31 to $0.43. Axon Enterprise reported earnings of $0.41 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 14.6%. The business is scheduled to issue its next quarterly earnings results on Thursday, February 25th.
On average, analysts expect that Axon Enterprise will report full year earnings of $1.14 per share for the current financial year, with EPS estimates ranging from $1.10 to $1.23. For the next year, analysts expect that the company will report earnings of $1.29 per share, with EPS estimates ranging from $1.12 to $1.46. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that follow Axon Enterprise.
More at: dailypolitical.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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| From: J.F. Sebastian | 7/23/2021 9:52:39 AM | | | | | | Axon to Release Second Quarter 2021 Earnings on August 5, 2021
SCOTTSDALE, Ariz., July 22, 2021 /PRNewswire/ -- Axon (Nasdaq: AXON), the global leader in connected public safety technologies, today announced that it will report second quarter 2021 financial results after the market closes on Thursday, August 5, 2021. Axon executives Rick Smith, CEO and founder; Luke Larson, president; and Jawad Ahsan, CFO; will host a live Zoom video webinar to discuss the company's financial results at 5 p.m. ET that same day.
More at: prnewswire.com |
| | Axon Enterprise, Inc. (AXON), formerly Taser Intl. | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
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