Axon Enterprise is experiencing significant growth and has a vast market opportunity ahead, with record deals with customers. The stock price has increased by 18% since reporting second-quarter results, reaching a 48% increase year-to-date. Revenue grew by 33% in the second quarter, marking the 14th consecutive quarter of growth exceeding 25%. The company’s future contracted bookings are at a record high of $10.7 billion, up 43% from last year, indicating strong revenue growth potential. Although the stock price is high and net income dropped due to stock-based compensation, Axon’s growth trajectory and market opportunity suggest continued success for investors.

Read more at Nasdaq: The Biggest Takeaways From Axon Enterprise’s Aug. 4 Earnings Report