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Axon Enterprise Inc (AAXN.OQ)

AAXN.OQ on NASDAQ Stock Exchange Global Select Market

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17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Digital Ally says ‍will now proceed towards trial with Axon Enterprise over patent lawsuit ​
7:29am EST 

Nov 20 (Reuters) - Digital Ally Inc :Digital Ally announces significant development in litigation against Axon Enterprise, Inc..Digital Ally - ‍Federal District Court of Kansas rejected request of Axon Enterprise to maintain stay of patent lawsuit brought by digital against it​.Digital Ally Inc says ‍parties will now proceed towards trial​.  Full Article

Axon reports record revenues over $90 million in third quarter 2017
Tuesday, 7 Nov 2017 04:01pm EST 

Nov 7 (Reuters) - Axon Enterprise Inc :Axon reports record revenues over $90 million in third quarter 2017.Q3 earnings per share $0.01.Q3 sales $90.3 million versus I/B/E/S view $82.9 million.Q3 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Axon Enterprise Inc - ‍taser weapons segment revenue increased 12% to $59.4 million in Q3 2017​.Axon Enterprise Inc - ‍remain on track to be below $50 million of inventory by year end​.Axon Enterprise Inc - ‍total inventory in quarter decreased to $52.7 million, from $60.7 million at end of q2 2017​.Axon enterprise - "‍expect significant improvements in hardware margins in our body camera segment over next several quarters​".Axon Enterprise Inc - ‍expect full year revenue growth to exceed 25 percent.Axon Enterprise Inc - ‍expect Q4 2017 gross margin to show slight improvement​.FY2017 revenue view $329.6 million -- Thomson Reuters I/B/E/S.  Full Article

Philadelphia Police Department secures agency-wide deployment on Axon Network
Tuesday, 24 Oct 2017 07:30am EDT 

Oct 24 (Reuters) - Axon Enterprise Inc :Axon - ‍announced Philadelphia Police Department's agency-wide purchase of Axon Body 2 Cameras, Digital Evidence Management System, evidence.com​.Axon Enterprise Inc - ‍order of 4,500 Axon Body Cameras was received in Q2 of 2017 and will ship in nine phases through 2021​.  Full Article

Digital Ally ‍plans to un-stay litigation against Axon Enterprise Inc in a U.S. court
Tuesday, 15 Aug 2017 09:00am EDT 

Aug 15 (Reuters) - Digital Ally Inc :‍plans to un-stay litigation against Axon Enterprise, Inc in a U.S. court in order to seek an expedited trial schedule​.‍the litigation between company and Axon involves two patents which are patent no. 9,253,452 and U.S. Patent no. 8,781,292.  Full Article

Axon Enterprise announces entry of a "broad permanent" injunction against Phazzer Electronics
Monday, 24 Jul 2017 07:30am EDT 

July 24 (Reuters) - Axon Enterprise Inc :Axon Enterprise Inc - announced entry of a "broad permanent" injunction against Florida-based Phazzer Electronics Inc.Axon Enterprise Inc - injunction against Phazzer Electronics Inc banning sales of infringing Phazzer Enforcer CEWs and dart cartridges.Axon Enterprise Inc - injunction also makes clear that nonparties who assist Phazzer in violating injunction may be held in "contempt" of court.Axon Enterprise Inc - nonparties include specifically Taiwanese CEW manufacturer Sang Min International and Double Dragon Development and Trading Corp.  Full Article

Digital Ally wins significant victory at U.S. Patent office
Friday, 7 Jul 2017 07:00am EDT 

July 7 (Reuters) - Digital Ally Inc ::Digital Ally wins significant victory at U.S. Patent office with denial of Axon's request to invalidate its '452 patent.Says ‍on July 6, 2017, U.S. Patent office denied Axon's petition for IPR of digital's patent no. 9,253,452​.  Full Article

Albuquerque Police Department renews five-year Axon contract
Thursday, 6 Jul 2017 07:30am EDT 

July 6 (Reuters) - Axon Enterprise Inc :Albuquerque Police Department renews five-year axon contract; upgrades to unlimited plan.Axon Enterprise Inc says orders were shipped in Q2 of 2017 and will continue shipping throughout multiple phases in 2017.  Full Article

Axon Enterprise gets orders for TASER X2 smart weapon
Wednesday, 5 Jul 2017 07:30am EDT 

July 5 (Reuters) - Axon Enterprise Inc :Axon enterprise inc - announced receipt of multiple orders for its taser x26p and taser x2 smart weapon.Axon enterprise inc - orders were received in q2 2017 and are anticipated to ship in second and third quarters of 2017.  Full Article

Axon reports Q1 earnings per share $0.09
Tuesday, 9 May 2017 04:01pm EDT 

May 9 (Reuters) - Axon Enterprise Inc :Axon reports 2017 first quarter results.Q1 earnings per share $0.09.Q1 sales $79.2 million versus I/B/E/S view $69.7 million.Q1 earnings per share $0.07 excluding items.Q1 earnings per share view $0.03 -- Thomson Reuters I/B/E/S.Axon Enterprise Inc says taser weapons segment revenues increased 26% to $57.7 million in Q1 of 2017 compared to $45.8 million in Q1 of 2016.Axon Enterprise Inc says software and sensors segment revenues increased 122% to $21.6 million in q1 of 2017 compared to $9.7 million in Q1 of 2016.Axon Enterprise Inc says consolidated gross margin was 61% in q1 of 2017 compared to 66% in Q1 of 2016.  Full Article

Axon Enterprise purchases 1,200 Axon body 2 cameras by ACSO
Monday, 8 May 2017 07:30am EDT 

May 8 (Reuters) - Axon Enterprise Inc -:Axon Enterprise Inc - announced purchase of 1,200 axon body 2 cameras by alameda county sheriffs office (acso).Axon Enterprise Inc - deal includes a five-year evidence.com license on officer safety plan with axon signal technology..Axon Enterprise Inc - order was received in q2 of 2017 and cameras are expected to ship in multiple phases throughout year..  Full Article