All posts tagged: Axon

Trump bought Axon stock before ICE sought 0 million Taser deal

Trump bought Axon stock before ICE sought $220 million Taser deal

President Donald Trump bought as much as $5 million in shares of Axon Enterprise — maker of Tasers, body cameras and policing software — two weeks before Immigration and Customs Enforcement sought a five-year, $220 million contract that experts told CNBC appeared tailored to the company’s weapons. On Feb. 10, Trump purchased between $1 million and $5 million worth of Axon stock, according to federal disclosures he filed in May. On Feb. 24, ICE posted a notice seeking roughly 17,800 new Tasers, along with unlimited cartridges and training. The White House has said Trump’s assets are held in a trust managed by his children and that Trump’s investments are managed by independent third-party firms, not Trump or his family. “There are no conflicts of interest,” spokesperson Anna Kelly told CNBC, calling the scrutiny a “tired narrative” pushed by Democrats. Trump’s disclosures with the U.S. Office of Government Ethics, made public May 14, show more than 3,700 transactions, with the total amount for each listed as a range rather than an exact figure. Under federal law, …

Axon raises annual revenue growth forecast on strong software, security device demand

Axon raises annual revenue growth forecast on strong software, security device demand

May 6 : TASER-maker Axon Enterprise raised its full-year revenue growth forecast on Wednesday, betting on strong demand for its software products and security devices. Shares of the company, which makes law enforcement technology, rose 1.4 per cent in extended trading. Software segment revenue grew during the quarter, driven by new users and the increased adoption of premium software offerings by existing customers. The company expects 2026 revenue growth to be in the range of 30 per cent to 32 per cent, compared to 27 per cent to 30 per cent previously. AXON provides police body cameras in the U.S. and supplies drone systems to law enforcement across North America, Europe and Australia.  On an adjusted basis, Axon earned $1.61 per share for the quarter ended March 31, while analysts on average estimated $1.60 apiece, according to data compiled by LSEG. Its quarterly revenue was $807.3 million, compared with estimates of $778.5 million. Source link