8-KEarnings & ResultsOther EventsExhibits & Filings

AXON ENTERPRISE, INC. 8-K Report, Financial Results (Jul 28, 2011)

Filed July 28, 2011For Securities:AXON

Summary

TASER International, Inc. (now Axon Enterprise, Inc.) filed an 8-K on July 28, 2011, primarily to announce its second-quarter 2011 financial results and a new stock repurchase program. The press release detailing the financial results for the quarter, along with financial statements and reconciliations, is attached as an exhibit. This filing provides investors with timely information on the company's performance during the second quarter. In addition to the financial results, the company announced a significant capital allocation decision: its board of directors authorized a stock repurchase program allowing for the buyback of up to $20.0 million of the company's common stock. This move signals management's confidence in the company's valuation and its commitment to returning value to shareholders. Investors should review the attached press release for detailed financial performance metrics and further context on the stock repurchase authorization.

Key Highlights

  • 1Announcement of second-quarter 2011 financial results.
  • 2Press release with detailed Q2 2011 financial performance and unaudited statements included as an exhibit.
  • 3Board authorization of a stock repurchase program.
  • 4The stock repurchase program has an authorized amount of up to $20.0 million.
  • 5Stock repurchases are subject to market conditions and corporate considerations.
  • 6Filing made on July 28, 2011.

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