5/10/2022

speaker
Andrea Vanderhorst
Executive Vice President of Customer Success

Okay. Hello, everyone. Thank you for joining our executive team for our first quarter 2022 earnings. I hope you had a chance to read our shareholder letter that we posted to investor.axon.com. The remarks we're going to make today build upon the information in that already robust letter. During this call, we will discuss our business outlook and make forward-looking statements. Any forward-looking statements made today are pursuant to and within the meaning of the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These comments are based on our predictions and expectations as of today, are not guarantees of future performance. All forward-looking statements are subjects to risks and uncertainties that could cause actual results to differ materially. These risks are discussed in our SEC filings. And before we go to Rick, we're going to play our quarterly video. Hi, everyone. Our year is off to a strong start. We are driving growth from our core offerings of teaser devices, body cameras, and cloud software. Each quarter, we've also been highlighting opportunities we are unlocking beyond our core, including the justice sector, VR training, and personal safety. Did you know that we are also executing in the commercial market?

speaker
Angel Flores
Vice President of Human Resources

So far this year, Axon has booked more than $12 million of commercial business. Commercial enterprises are turning to Axon to help with retail loss prevention, many types of investigations, and onsite security. Our recent wins include network hospital systems, convenience stores, and big box retail. The Arizona Diamondbacks are the first Major League Baseball team to adopt Axon body cameras with real-time live streaming for stadium security. And they'll be presenting at our annual user conference, Axon Accelerate, this May.

speaker
Andrea Vanderhorst
Executive Vice President of Customer Success

As you can see, we are executing against a $52 billion global market opportunity. and we've guided to a 20% plus top line revenue growth target. To scale, we must also attract the best talent in the world.

Disclaimer

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