US Stocks Move | Axon Enterprise surges 16% pre-market as Q4 results beat expectations and guidance remains optimistic
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Gelonghui, February 25th|Public safety technology company Axon Enterprise surged 16% in pre-market trading. According to reports, Axon Enterprise's adjusted earnings per share for the fourth quarter were 2.15, beating analysts' consensus estimate of 1.60 by 0.55. Revenue reached 797 million, a year-on-year increase of 39%, surpassing analysts' forecast of 755.55 million. The revenue growth was mainly driven by the adoption of advanced software, TASER 10, Axon Body 4, and anti-drone devices. For the full fiscal year 2026, Axon expects revenue to grow by 27% to 30% year-on-year, with the midpoint of 28.5% implying revenue of approximately 3.57 billion. The company expects to maintain an adjusted EBITDA margin of 25.5%. Looking further ahead, Axon has set a new target for 2028, aiming for annual revenue of about 6 billion. (Gelonghui)
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