AXON - Axon Enterprise EPS beats by $0.91 beats on revenue; updates 2021 outlook

Axon Enterprise (NASDAQ:AXON): Q3 Non-GAAP EPS of $1.17 beats by $0.91; GAAP EPS of $0.67 beats by $0.74. Revenue of $232M (+39.4% Y/Y) beats by $30.89M. Press Release The company issued an updated outlook and expects revenue at the high end of its previously communicated range of $840 million to $850 million. Full year revenue of $850 million represents 25% growth over 2020 and reflects our long-term strategy of scaling a business that supports a 20%-plus revenue CAGR. It also raised its expectations for Adjusted EBITDA to a range of $163 million to $168 million, from a range of $155 million to $160 million, previously. Shares +3.34% AH

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Axon Enterprise EPS beats by $0.91, beats on revenue; updates 2021 outlook