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Axon Q2 2021 Revenue of $219 Million Up 55%; International Revenue Grows 60%; Raising Outlook
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Funding the police: A closer look at local law enforcement budgets
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Why Axon s Shares Jumped 25 8% in June
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Dear Shareholders,
We are pleased with our robust start to 2021. Revenue growth of 33% in the quarter exceeded our expectations and drove increased profitability, as we executed upon growing demand for TASER devices and software-heavy body camera bundles. Solid Q1 gross margin reflects a combination of strong TASER demand and fixed-cost leverage on higher-than-expected revenue, which also flowed through to the bottom line.
We are seeing healthy demand for new products, with new products bookings up 130% year over year, driven by productivity and real-time operations software solutions, VR training and transcription services. We are also successfully expanding into new markets, with new market bookings up 35% year over year.
Axon Partners with RapidSOS to Deliver Real Time Data to 911 Telecommunicators & First Responders
Strategic partnership will enable public safety agencies to streamline emergency management workflows and situational awareness data
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AXON), the global leader in public safety technologies, and
RapidSOS announced today a partnership to provide emergency first responders and 911 telecommunicators access to critical emergency incident information from Axon devices being used by law enforcement officers.
(PRNewsfoto/Axon)
Today, telecommunicators are often forced to rely on outdated 911 infrastructure, voice-only communication and manual processes to coordinate emergency responses. Through this partnership, Emergency Communications Centers across the U.S. will be eligible to access the location of officers, real-time alerts resulting from developing situations, and streaming video through