Axon Swings to Q3 Profit, Invests $1.2 Billion in Skydio
Axon Enterprise reported a third-quarter profit versus a loss a year earlier, citing software-business growth and rising demand for connected devices and platform solutions. It also invested $1.2 billion in Skydio.
WASHINGTON (dpa-AFX) - Axon Enterprise, Inc. (AXON), a public safety technology company, reported on Thursday a swing to profit in the third quarter, compared with a loss last year, driven largely by growth in its software business and increasing demand for its connected devices and platform soluti…