This Company Grew Revenue 27% Per Year for a Decade

By Travis Hoium – Nov 30, 2023 at 6:30AM

NASDAQ: AXON

Axon Enterprise

Market Cap

$23B

Today's Change

(0.65%) $1.99

Current Price

$308.23

Price as of April 26, 2024, 4:00 p.m. ET

Sustaining a high growth rate for a long period of time is difficult, but this company has done it for more than a decade.

Axon (AXON 0.65%) has been a growth machine for more than 10 years, and there are good reasons for that. The TASER company scaled the body camera business and made a cloud and software giant in the process.

In this video, Travis Hoium covers how Axon became a growth machine and what it will take to keep the run going.

*Stock prices used were end-of-day prices of Nov. 28, 2023. The video was published on Nov. 29, 2023.

Travis Hoium has positions in Axon Enterprise. The Motley Fool has positions in and recommends Axon Enterprise. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.