Axon proposes issuing $1.0 billion in convertible notes
The company plans to use proceeds for growth and acquisitions while managing stock dilution through capped call transactions.
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Public safety technology company
axon.comLast updated
In short: Axon launched Body 5, proposed $1B notes and gained police contracts amid Flock backlash.
The company plans to use proceeds for growth and acquisitions while managing stock dilution through capped call transactions.
Annual recurring revenue rose 39% to $1.6 billion; the company raised its full-year revenue growth outlook to 32-34%.
Revenue grows 34% year over year. Software & Services up 35%, raises full-year outlook to 30-32% growth. Adjusted EBITDA margin at 25%.
Revenue grows 39% year-over-year. Software & Services up 40% to $343 million. 2026 outlook projects 27-30% growth; 2028 targets $6 billion revenue.
Investigation suggests American company Axon still supplies Israel with Taser weapons despite evidence they have been used to torture prisoners...
Citing concerns about the potential misuse of automated license plate readers, the Los Angeles City...
Axon raised its 2026 revenue-growth outlook to 32.0 percent to 34.0 percent and retained an adjusted EBITDA margin target of 25.5 percent, per StockTitan. Operating...
Axon's $1bn convertible notes offering carries a 0% coupon and 2031 maturity, filed as shares trade near a 20-day low.
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