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Axon Enterprise, Inc. - AXON STOCK NEWS

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, Inc. (symbol: AXON) is a leading innovator in public safety technology, founded in 1993. The company, formerly known as TASER International, revolutionized less-lethal weaponry with its conducted electrical weapons (CEWs), providing a safer alternative for law enforcement. Today, Axon's suite of connected products, including body cameras and evidence management solutions, is used by over 18,000 agencies worldwide, promoting transparency and efficiency.

Axon operates in two primary segments: Taser and Software & Sensors. The Taser segment develops and sells conducted energy devices and virtual reality training solutions. The Software & Sensors segment produces integrated hardware and cloud-based software, such as body cameras, automated license plate readers, and digital evidence management systems. Axon's products enhance modern policing through innovative solutions, such as Axon Body 4 cameras and TASER 10 devices, which improve safety and operational efficiency.

In recent news, Axon announced third-quarter 2023 financial results, showing a seventh consecutive quarter of over 30% year-over-year revenue growth. The company also reported significant gains in its Axon Cloud & Services segment, which grew by 55% year-over-year. Axon’s international revenue increased by 52%, driven by new customer acquisitions and expanded cloud and software offerings.

Axon is committed to its moonshot goal of reducing gun-related deaths between police and the public by 50% before 2033. The company’s recent initiatives include the launch of the TASER 10, enhanced virtual reality training capabilities, and the introduction of a comprehensive public safety gun fatality database. Axon also supports disaster response efforts and participates in major industry conferences, further establishing its leadership in public safety technology.

For career opportunities, visit https://www.axon.com/company/careers. For more information about the company, visit www.axon.com.

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Axon partners with CHRISTUS Health to deploy Axon Body 3 cameras and Axon Evidence in over 60 acute care health centers to promote a safer hospital environment.
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Axon (NASDAQ: AXON) is set to report its first quarter 2023 financial results on May 9, 2023, following market closure. A live video webinar discussing the results will be held at 5 p.m. ET on the same day, accessible through Axon's investor relations website. Additionally, Axon management will participate in several upcoming conferences, including the Needham Technology & Media Conference on May 18, JP Morgan 51st Annual Global Technology Conference on May 23, and Baird 2023 Consumer, Technology & Services Conference on June 7. Axon's commitment to cutting gun-related deaths by 50% before 2033 highlights its role in public safety technology.

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Axon Enterprise secured a unanimous 9-0 decision from the U.S. Supreme Court, allowing its constitutional challenges against the Federal Trade Commission (FTC) to proceed in federal court. This landmark ruling, issued on April 17, 2023, affirms the right to challenge the FTC’s structure and operations, which Axon claims are biased and unconstitutional. Axon has pursued this case since January 2020, arguing that the FTC combines investigatory, prosecutorial, and adjudicatory functions, which can lead to irreparable harm. The ruling is viewed as a win for due process and equal protection under the law, enabling Axon to continue its legal fight against perceived unconstitutional actions by the FTC, thereby reinforcing foundational rights for all citizens.

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Axon has unveiled the Axon Body 4, its next-generation body-worn camera focused on enhancing public safety. Key features include:

  • Bi-Directional Communication: Facilitates real-time interaction between officers and support teams via livestream.
  • Expanded POV Options: Connects additional POV camera modules for diverse perspectives.
  • Enhanced Image Quality: Improved sharper images, visibility, and a larger field of view.
  • Streamlined Operations: Enhances management of body camera programs for agencies.

With a runtime exceeding 13 hours and quick-charging capabilities, Axon Body 4 is positioned as a vital tool for realtime situational awareness. The camera aims to meet the needs of law enforcement and is currently in trials, with purchasing expected to begin in late 2023.

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Axon, a leader in public safety technology, will honor recipients of the 2023 RISE Awards and the Jack Cover Save of the Year Award at the upcoming Axon Accelerate conference from April 11-14 in Phoenix. The RISE Awards celebrate first responders who have shown exceptional bravery and lifesaving actions. This year’s awardees include Trooper Toni Shuck and Deputy William Puzynski, among others. Chief Sean Perry will receive the Jack Cover Award for his use of a TASER to save an individual in crisis. Each recipient will be awarded cash and a TASER device, with expenses covered for the conference. Axon's commitment to recognizing heroes in public safety helps foster community trust and showcases advancements in safety technology.

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Axon has announced the appointment of three new members to its board of directors: Erika Ayers, CEO of Barstool Sports; Graham Smith, former Salesforce executive; and Jeri Williams, former Phoenix Police Chief. These appointments aim to enhance Axon's leadership as it strives to reduce gun-related deaths between police and the public by 50% within the next decade. Ayers, who has a strong background in digital media, will start on June 1, 2023, while Smith and Williams will join effective March 16, 2023. With this addition, Axon strengthens its board to nine independent directors.

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FAQ

What is the current stock price of Axon Enterprise (AXON)?

The current stock price of Axon Enterprise (AXON) is $631.69 as of December 20, 2024.

What is the market cap of Axon Enterprise (AXON)?

The market cap of Axon Enterprise (AXON) is approximately 46.7B.

What does Axon Enterprise, Inc. do?

Axon develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software for law enforcement and other sectors.

What are the primary segments of Axon?

Axon operates in two segments: Taser, which includes conducted energy devices and virtual reality training, and Software & Sensors, which includes body cameras, evidence management, and cloud software.

Where are Axon’s products used?

Axon’s products are used by over 18,000 agencies globally, including law enforcement, military, corrections, and private security sectors.

What recent financial achievements has Axon reported?

Axon reported its seventh consecutive quarter of over 30% year-over-year revenue growth and significant gains in its Axon Cloud & Services segment.

What is Axon's moonshot goal?

Axon aims to reduce gun-related deaths between police and the public by 50% before 2033 through innovative technology and training.

What are some of Axon’s key products?

Key products include TASER energy devices, Axon Body cameras, Axon Fleet in-car cameras, and cloud-hosted digital evidence management solutions.

How is Axon contributing to disaster response?

Axon supports disaster response efforts through its Axon Aid initiative, which provides resources and support to first responders during emergencies.

What are some of Axon’s latest innovations?

Recent innovations include the TASER 10, enhanced virtual reality training capabilities, and the Axon Public Safety Gun Fatality Database.

How can I learn about career opportunities at Axon?

You can explore career opportunities at Axon by visiting their careers page at https://www.axon.com/company/careers.

Where can I find more information about Axon?

For more information, visit Axon's official website at https://www.axon.com.

Axon Enterprise, Inc.

Nasdaq:AXON

AXON Rankings

AXON Stock Data

46.71B
72.86M
4.72%
81.01%
3.38%
Aerospace & Defense
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States of America
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