Axon Enterprise shares plunge as Q3 revenue misses consensus
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View chart & analysis → - 1Axon Enterprise recorded a 28% growth rate in Axon revenue for Q3, but failed to reach the Q3 Axon revenue consensus of $934.3 million.
- 2Axon shares fell by 18% on Friday.
- 3Axon Enterprise cut its annual free cash flow guidance from $450 million to a range of $350 million to $400 million.
So what's the key point?
Axon Enterprise saw its Axon revenue grow by 28% in Q3, but this was below the Q3 Axon revenue consensus of $934.3 million.
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