Shares of Axon Enterprise (NASDAQ: AXON) were up 4.5% in afternoon trading Friday after the stun gun maker reported fourth-quarter earnings that handily beat analyst expectations.
Axon has new competition in the connected law enforcement space after Motorola Systems (NYSE: MSI) introduced a suite of products it's billing as video as a service . The products include cameras, records and digital evidence management, and cloud-based support, and Motorola brings with it financial heft that could make it an even more potent rival.
Image source: Axon Enterprise.
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Axon Enterprise Jumps 4.5% on Earnings and Record Taser Orders