AXON Earnings Prediction
The chart below shows how AXON performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AXON sees a -1.62% change in stock price 10 days leading up to the earnings, and a +7.67% change 10 days following the report. On the earnings day itself, the stock moves by +1.20%. This data can give you a slight idea of what to expect for the next quarter's release.
AXON Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
544.27M
31.59%
7.97%
Gross Margin
60.77%
-1.54%
0.86%
Operating Margin
5.28%
-60.83%
-26.87%
Net Margin
12.31%
-14.28%
52.16%
EPS
0.86
10.26%
62.26%
No Data Available
AXON Earnings Analysis
Axon Enterprise, Inc. Common Stock Corporation (AXON.O) Earnings Conference Call
Positive
Strong Revenue and EBITDA Growth: Revenue grew 32% year-over-year, delivering strong adjusted EBITDA with a 26.7% margin.
Margin Expansion with Growth: Achieved this margin expansion while driving over 30% top-line growth, successfully prioritizing balancing the bottom line with strong top-line growth.
Record Bookings Achievement: Closed Q3 with record bookings in excess of $1 billion, marking the strongest normalized booking quarter in history outside of Q4 last year.
ARR Growth and Retention: ARR of $885 million is up 36% year-over-year, with net revenue retention increased to 123%.
TASER Revenue Surge: TASER 10 revenue grew 36% year-over-year, the strongest growth in the TASER segment in more than two years.
Negative
Customer Growth Decline: The company reported a decline in customer growth, with a net loss of 5,000 customers in the last quarter, marking a 2% decrease from the previous quarter.
Operating Expenses Impact Profitability: Operating expenses increased by 15% year-over-year, significantly impacting the overall profitability of the company.
Segment Revenue Decline: The company faced a 10% drop in segment revenue, particularly in the North American market, which was attributed to increased competition and market saturation.
Rising R&D Costs Concerns: Research and development costs rose by 20%, leading to concerns about the sustainability of future product launches and innovation.
Refinancing Plan Costs: The company announced a refinancing plan that will incur additional costs of approximately $50 million, further straining financial resources.
AXON FAQs
How does AXON typically perform around its earnings report dates?
Is Axon Enterprise, Inc. (AXON) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
AXON Earning Call Sentiment
Axon Enterprise, Inc. (AXON) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AXON.O
-0.88%Positive
The earnings call highlights strong financial performance, with record bookings, high revenue growth, and increasing ARR. The positive outlook is supported by optimistic guidance and international expansion. Despite some concerns about margin decline and competitive pressures, the overall sentiment is positive. The Q&A section reinforces confidence in future growth, particularly in the TASER and AI segments. No new share repurchase announcements were made, but the increased revenue guidance and successful product developments suggest a positive stock price reaction in the short term.