Axon reported a 32% revenue increase in Q3 2024, with strong growth across all segments and a projected 30% year-over-year growth for Q4 2024. International expansion is a key growth driver, with a significant contract from the Canadian police and potential in Europe due to low product penetration. New product launches, like drones as first responders, enhance Axon's offerings, ensuring long-term revenue growth despite potential adoption delays.
Enterprise Products Partners L.P. has delivered an 87% total return since 2021, outperforming the S&P with an 18% annualized return and nearly equal volatility. Q4 2024 results show strong growth: Adjusted EBITDA increased to $2.59 billion, earnings at $.74/unit, and DCF up to $2.16 billion. The company continues to invest heavily, with $5.5 billion in 2024 and $4-4.5 billion planned for 2025, supporting future distribution increases.
EPD's Q4 earnings beat estimates on record natural gas and NGL volumes driven by Permian Basin production.
Enterprise Products Partners has not received enough customer interest to commercialize its Sea Port Oil Terminal (SPOT) crude export project, Jim Teague, the CEO of the pipeline and storage operator, said on Tuesday.
A.I. companies were the name of the markets in 2024, now Tom Essaye says they need to prove they can make money. He believes the next critical step for companies is put its capex spending to work.
With EPD generating stable fee-based revenues, which is likely to have aided its Q4 earnings, investors shouldn't wait for a better entry point.
Despite decent performance in recent years, Public Service Enterprise Group is a sell due to high capex commitments, single-state risks, an unimpressive dividend, and a premium valuation. Alternatives like Consolidated Edison offer much better risk-adjusted returns, offering stable cash flows, higher dividend yields, and more favorable entry points. While there's no harm for existing shareholders to hold on to past gains, new investors should consider more favorable options in the Multi-Utilities space.
The Justice Department files a complaint in California federal court that seeks to block the merger on antitrust grounds.
The Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire Juniper Networks , according to a complaint filed on Thursday in a federal court in California.
Axon Enterprise (AXON 0.38%) is one of the world's premier law enforcement technology companies. And 2024 was an absolute banner year for its shareholders.
DeepSeek' is 'good news' for enterprise software companies like SAP, the tech giant's CEO said. The post DeepSeek AI Is 'Good News' For Enterprise Software, Says SAP CEO appeared first on Investor's Business Daily.
Axon Enterprise is revolutionizing public safety with cutting-edge technology, including AI, drones, and conducted energy devices, driving significant growth and innovation. Despite a high P/E ratio of 158.43, AXON's strong fundamentals, financial strength, and impressive growth prospects justify a buy rating. AXON's Q3 revenue grew 32% YoY to $544.27 million, with EPS smashing expectations, and future contracted revenue up 33% to $7.7 billion.