By Steve Garcia -
TASER International Inc. (NASDAQ:TASR), http://www.taser.com/pages/default.aspx, a market leader in technologies that protect life recently showed why it is in my opinion, a good stock to look to for future growth and speculation. TASER International was founded in September 1993 and has remained committed to providing solutions to violent confrontation by developing products that enable people to protect themselves. Taser and its employees are committed to protecting life by providing innovative, high quality products and services that always exceed customer expectations. TASER International’s products protect human life, providing advanced Electronic Control Devices (ECDs) for use in the law enforcement, medical, military, correctional, professional security, and personal protection markets. TASER devices use proprietary technology to incapacitate dangerous, combative, violent, enemy or high-risk subjects who pose a risk to law enforcement/correctional officers, military, innocent civilians, or themselves in a manner that is generally recognized as a safer alternative to other uses of force which are many times deadly. TASER technology protects life, and the use of TASER devices dramatically reduces injury rates for law enforcement officers and suspects. Taser is committed to producing high quality equipment which reduces risk of violence, or use of deadly force.
In taking a look at Taser for the first nine months of 2009, adjusted revenues were $73.2 million, an increase of $6.8 million or 10.0% over the first nine months of 2008. Adjusted revenues excluded the impact of a $3.5 million revenue deferral related to the X26 to X3 trade-in credit program, the balance of which is expected to be recognized as revenue when the trade-in occurs or the offer expires at December 31, 2009. The impact of this deferral should be reported in the upcoming Quarterly conference call.
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