SCOTTSDALE, Ariz. (AP) _ Axon Enterprise Inc. (AXON) on Tuesday reported first-quarter net income of $54.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Scottsdale, Arizona-based company said it had net income of 76 cents. Earnings, adjusted for non-recurring gains, came to 45 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The maker of stun guns and body cameras posted revenue of $256.4 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $230.9 million.

Axon expects full-year revenue in the range of $1.05 billion to $1.1 billion.

Axon shares have dropped 43% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $89.46, a decrease of 31% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXON at https://www.zacks.com/ap/AXON

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