Investing.com - Axon Enterprise reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Axon Enterprise announced earnings per share of $-0.01 on revenue of $141.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $0.16 on revenue of $131.45M.
Axon Enterprise shares are up 24% from the beginning of the year and are trading at $92.30 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 23.8% from the start of the year.
Axon Enterprise shares gained 0.85% in after-hours trade the report.
Axon Enterprise follows other major Capital Goods sector earnings this month
Axon Enterprise's report follows an earnings missed by ASML ADR on Wednesday, July 15, 2020, 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 Friday, July 24, 2020 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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