BUZZ-Axon surges on strong FY25 rev forecast, Q4 earnings beat

Reuters
02-26
BUZZ-Axon surges on strong FY25 rev forecast, Q4 earnings beat

** Axon Enterprise AXON.O jumps 17.2% to $582.08 premarket

** Law enforcement tech maker expects FY25 rev between $2.55 bln-$2.65 bln, the midpoint of which is higher than analysts' estimate of $2.55 bln, according to data compiled by LSEG

** Reports Q4 adj EPS at $2.08, ahead of estimated $1.40

** Posts Q4 rev at $575 mln, beating estimates of $566 mln

** Stock rated "buy" on avg; median PT is $676.31 - LSEG

** AXON had gained more than 130% in 2024

(Reporting by Sanchayaita Roy in Bengaluru)

((sanchayaita.roy@thomsonreuters.com))

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