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With a market cap of $42.2 billion, Axon Enterprise, Inc. (AXON) develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. Headquartered in Scottsdale, Arizona, the company operates through two segments, Software and Sensors, and TASER. It is expected to report its Q1 earnings on Monday, May 5.
Ahead of the event, analysts expect AXON to report a loss of $0.04 per share, down 122.2% from a profit of $0.18 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in one of the past four quarters, while missing in three quarters. In the previous quarter, it reported EPS of $0.89, which surpassed the consensus estimates by 134.2%, driven by double-digit growth in each of its product segments.
