AXON - This Quote From Axon's CFO Should Have Investors Ready to Buy
During its fourth-quarter earnings call, Axon Enterprise (NASDAQ: AXON) and its chief financial officer, Jawad Ahsan, essentially laid the company's cards on the table for everyone to see, acknowledging that it had reached a threshold of crucial importance to investors.
Speaking about Axon's three pillars of its financial strategy -- top-line growth, bottom-line leverage, and cash generation -- Ahsan homed in on generation of free cash flow (FCF) and its ability to keep the company "nimble and flexible." Highlighting exactly how this would work, Ahsan said, "This flexibility will be built on the stable foundation of a subscription-based business model that generates highly recurring cash flows."
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This Quote From Axon's CFO Should Have Investors Ready to Buy