Axon Enterprise, the company behind TASER products, has reported its second-quarter financial results. The company's gross margin was lower than expected. This decrease is attributed to a higher proportion of professional services in its sales mix, which are less profitable.

Additionally, investments in new product development have also impacted the company's gross margin. Further details on Axon Enterprise's second-quarter performance can be found through Reuters, which reported on the company's financial results on August 5.