InvestBattle | Microsoft vs Oracle
As we noted in the weekly issue, over the past three months, one of the top growth leaders among the industries in the S&P 500 index has been the software industry (+4.4%).
As we noted in the weekly issue, over the past three months, one of the top growth leaders among the industries in the S&P 500 index has been the software industry (+4.4%).
Today we are going to talk about Axon Enterprise, whose shares has been in the top 5 growth leaders over the last 3 months. Axon Enterprise published its latest report for Q3 2023 on 7 November. Manufacturing costs make up 38% of the revenue structure, and gross revenues make up 62%. In the last quarter, the company made a profit of $59 million. Market capitalization is now $16.3B.
The corporate reporting period for Q3 2023 goes on. Over the past week, 75 companies from the S&P 500 Index have reported their third quarter results. First Solar was one of the top five, with revenue up +5.7% to $801.0M. However, the company showed mixed results, as revenue was below analysts' expectations by -11.0%. Let's analyze First Solar's business in more detail.