Investing.com - Axon Enterprise reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Axon Enterprise announced earnings per share of $0.38 on revenue of $219M. Analysts polled by Investing.com anticipated EPS of $0.2345 on revenue of $175.13M.
Axon Enterprise shares are up 30% from the beginning of the year and are trading at $200.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.92% from the start of the year.
Axon Enterprise shares gained 3.55% 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 July 27, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.81 on revenue of $23.19B.
Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
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