AXON - Axon Enterprise Non-GAAP EPS of $0.45 revenue of $256M

Axon Enterprise press release (NASDAQ:AXON): Q1 Non-GAAP EPS of $0.45. Revenue of $256M (+31.3% Y/Y). Bookings grew 52% Y/Y in Q1, which is a forward-looking indicator given the company's average contract life of five years. As of Mar. 31, 2022 Axon had $424M in cash, equivalents and investments; it has zero debt. Outlook: Axon's upwardly revised FY22 revenue expectation has improved to a range of $1.05B to $1.1B, reflecting ~25% annual growth at the midpoint (compared to earlier estimayed 20% annual growth). Adjusted EBITDA range is $190 to $200M, up from $185 to $195M previously.

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Axon Enterprise Non-GAAP EPS of $0.45, revenue of $256M