If investors were expecting Axon Enterprise (NASDAQ: AAXN) to deliver a third-quarter earnings surprise (as they should have been), they got what they were looking for: The Taser maker delivered record revenue for the period and raised its full-year sales guidance.
The company fully resolved the production issues that caused Axon to stumble in the second quarter, and with numerous programs that all look as though they're firing on all cylinders, this quarterly earnings surprise should be only one of many to come.
Axon Records could be an extremely profitable component of Axon Enterprise's Officer Safety Plan. Image source: Axon Enterprise.