AXON ENTERPRISE, INC. Q4 Profit Increases, Beats Estimates

(RTTNews) - AXON ENTERPRISE, INC. (AXON) revealed earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $135.18 million, or $1.67 per share. This compares with $57.06 million, or $0.75 per share, last year.

Excluding items, AXON ENTERPRISE, INC. reported adjusted earnings of $168.28 million or $2.08 per share for the period.

Analysts on average had expected the company to earn $1.40 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 33.6% to $575.15 million from $430.38 million last year.

AXON ENTERPRISE, INC. earnings at a glance (GAAP) :

-Earnings: $135.18 Mln. vs. $57.06 Mln. last year. -EPS: $1.67 vs. $0.75 last year. -Revenue: $575.15 Mln vs. $430.38 Mln last year.