Aug 5th, 2025
Axon Jumps as Profit Beats in ‘Very Strong’ Quarter
Axon shares gain as much as 18%, the most since Feb. 26 and enough to reach a record intraday high, after the maker of Tasers and other public safety equipment reported second-quarter earnings per share that topped expectations. Analysts also noted strong bookings for the company’s AI plan. Axon's CEO Rick Smith says he expects the company's AI offerings to help boost police department efficiency , and that private, enterprise security, is the biggest source of growth for the company.
