Investing.com - Axon Enterprise reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Axon Enterprise announced earnings per share of $0.45 on revenue of $256M. Analysts polled by Investing.com anticipated EPS of $0.297 on revenue of $230.56M.
Axon Enterprise shares are down 15% from the beginning of the year and are trading at $93.94 , down-from-52-week-high.They are outperforming the Nasdaq which is down 24.97% from the start of the year.
Axon Enterprise shares gained 5.01% in after-hours trade the report.
Axon Enterprise follows other major Industrials sector earnings this month
Axon Enterprise's report follows an earnings beat by United Parcel Service on April 26, who reported EPS of $3.05 on revenue of $24.38B, compared to forecasts EPS of $2.89 on revenue of $23.82B.
Union Pacific had beat expectations on April 21 with first quarter EPS of $2.57 on revenue of $5.86B, compared to forecast for EPS of $2.56 on revenue of $5.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar