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Axon reports Q3 2024 revenue of $544 million, up 32% year over year, raises outlook
AXONAxon(AXON) Prnewswire·2024-11-07 21:01

SCOTTSDALE, Ariz., Nov. 7, 2024 /PRNewswire/ -- Axon Cloud & Services revenue grows 36% to 203millionAnnualrecurringrevenuegrows36203 million Annual recurring revenue grows 36% to 885 million Net income of 67millionsupportsnonGAAPnetincomeof67 million supports non-GAAP net income of 113 million and Adjusted EBITDA of 145millionRaisesfullyearrevenueoutlooktoapproximately145 million Raises full year revenue outlook to approximately 2.07 billion, over 32% annual growth; expects full year Adjusted EBITDA margin of approximately 24.6%Fellow shareholders,Axon is proud to report strong third quarter results and raise our outlook for ...