Investing.com - Axon Enterprise reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Axon Enterprise announced earnings per share of $0.4 on revenue of $147.2M. Analysts polled by Investing.com anticipated EPS of $0.18 on revenue of $131.8M. That with comparison to EPS of $0.21 on revenue of $115.81M in the same period a year before.Axon Enterprise had reported EPS of $0.41 on revenue of $171.85M in the previous quarter.Analysts are expecting EPS of $0.21 and revenue of $136.98M in the upcoming quarter.
Axon Enterprise shares are down 4% from the beginning of the year and are trading at $75.00 , down-from-52-week-high.They are under-performing the Nasdaq which is down 0.66% year to date.
Axon Enterprise shares gained 6.87% 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, April 15, 2020, who reported EPS of $0.93 on revenue of $2.44B, compared to forecasts EPS of $1.47 on revenue of $3.17B.
Lockheed Martin had beat expectations on Tuesday, April 21, 2020 with first quarter EPS of $6.08 on revenue of $15.65B, compared to forecast for EPS of $5.81 on revenue of $15.08B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar