Investing.com - Axon Enterprise reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Axon Enterprise announced earnings per share of $0.28 on revenue of $130.8M. Analysts polled by Investing.com anticipated EPS of $0.25 on revenue of $151.33M.
Axon Enterprise shares are up 14% from the beginning of the year and are trading at $83.88 , down-from-52-week-high.They are under-performing the Nasdaq which is up 22.72% from the start of the year.
Axon Enterprise follows other major Capital Goods sector earnings this month
Axon Enterprise's report follows an earnings missed by ASML ADR on July 15, who reported EPS of $2.04 on revenue of $3.8B, compared to forecasts EPS of $2.25 on revenue of $3.8B.
Honeywell had beat expectations on July 24 with second quarter EPS of $1.26 on revenue of $7.48B, compared to forecast for EPS of $1.21 on revenue of $7.29B.
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