Welcome to our dedicated page for Axon Enterprise news (Ticker: AXON), a resource for investors and traders seeking the latest updates and insights on Axon Enterprise stock.
Axon Enterprise (AXON) delivers transformative public safety solutions through integrated hardware and cloud software, including TASER devices, body cameras, and AI-powered evidence management systems. This page provides official updates on strategic developments shaping modern law enforcement technology.
Access timely announcements covering product innovations, financial performance, and operational milestones. Key updates include quarterly earnings reports, new technology deployments, government partnerships, and regulatory developments impacting the public safety sector.
Designed for investors and industry professionals, this resource consolidates verified information from Axon's communications. Monitor progress in digital evidence management, VR training solutions, and real-time operations platforms that redefine police agency capabilities.
Bookmark this page for structured access to Axon's evolving ecosystem of connected safety technologies. Return regularly to track how the company advances its mission through continuous innovation in less-lethal devices and cloud-based operational tools.
Axon, a leader in connected public safety technologies, launched Axon Attorney Premier on December 8, 2021. This digital evidence management system is tailored for prosecutors and defense attorneys to streamline the discovery process. With the increasing volume of digital evidence, the software enhances efficiency by allowing legal professionals to manage various forms of evidence, including audio, video, and documents in one secure location. Axon aims to optimize discovery workflows, ensuring attorneys spend less time on administrative tasks and more on case management.
Axon reported a robust Q3 2021, achieving a 39% revenue increase to $232 million and a net income of $49 million, aided by a $51 million tax benefit. The company's annual recurring revenue surged 42% to $289 million, primarily from federal and international deployments. Significant strength in bookings was noted, with Q3 bookings reaching $488 million, up 54%. Axon has raised its total addressable market estimate from $27 billion to $52 billion, highlighting new growth opportunities in consumer safety and justice software.
Axon (Nasdaq: AXON) has announced the rescheduling of its third quarter 2021 earnings release and conference call to November 15, 2021. This delay is due to the completion of various phases of its Enterprise Resource Planning (ERP) implementation. Axon will disclose its financial results after market close, followed by a live webinar with executives at 5 p.m. ET. This change aims to ensure a comprehensive reporting of the company's financial performance.
Axon (Nasdaq: AXON) has announced the commercial availability of the Fotokite Sigma UAS, an autonomous drone with wireless livestreaming and evidence management, for public safety customers in the US and Canada. This drone integrates with Axon's platform, enabling real-time aerial situational awareness and effective decision-making without the need for a pilot's license. The Fotokite Sigma offers over 24 hours of flight time and is designed for various public safety applications. This partnership allows agencies to manage complex situations more effectively, enhancing community safety.
Axon (Nasdaq: AXON) will report its third-quarter 2021 financial results on November 9, 2021. The announcement follows a live Zoom webinar at 5 p.m. ET, hosted by CEO Rick Smith, President Luke Larson, and CFO Jawad Ahsan. Participants are encouraged to visit Axon's investor relations website for the live event and archived replay. Additionally, Axon management will participate in several upcoming virtual conferences, enhancing stakeholder engagement and transparency in their financial performance.
Axon (Nasdaq: AXON) has been selected by the Scottish Government to provide its digital evidence management solution, Axon Evidence, as part of a new initiative to enhance Digital Evidence Sharing Capability (DESC) for public safety in Scotland. This solution aims to connect various justice sector partners, allowing seamless management and sharing of digital evidence. Justice Secretary Keith Brown emphasized the initiative will reduce delays in the criminal justice process, enhancing the experience for victims and witnesses. The selection followed a competitive procurement process.
Axon (Nasdaq: AXON) announced the renewal of its TASER device program by the Air National Guard, deploying approximately 5,000 TASER X26P weapons to reserve troops. This order, received in Q3 2021, replaces the older TASER X26E devices. Richard Coleman, Axon's Federal SVP, emphasized the military's commitment to less-lethal technology, enhancing safety for personnel. The TASER X26P features an all-digital platform for increased precision and analytics during deployment.
Axon (Nasdaq: AXON) announced Microsoft as the title sponsor for the Axon Accelerate conference, taking place in Phoenix from November 1-3, 2021. Other sponsors include Skydio, Verizon, and AT&T. The conference aims to bring public safety professionals together to explore Axon's innovations in technology. CEO Rick Smith highlighted the event's importance for engaging public safety officials and understanding their needs. The conference will also offer a certification day for Axon product expertise.
Axon (Nasdaq: AXON) announced a partnership with the Puebla Municipal Police Department on Sept. 22, 2021, to equip its officers with TASER conducted electrical devices (CEDs). This initiative aims to enhance officer and community safety, marking a significant step in public safety technology in Mexico. The TASER X2 procurement demonstrates Puebla Police's commitment to modernizing its equipment. This deployment follows Axon's expansion efforts in Latin America, complementing previous partnerships with Monterrey Police Department.
