TASER shockwave Archive

4

TASER International (NASDAQ:TASR) Shows Solid Quarter of Performance

By
Andrew Montero
– April 23, 2010
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Taser International (NASDAQ: TASR) reported solid if unspectacular first quarter 2010 results yesterday. Net sales were $23.8 million in the quarter, a decrease of $0.8 million or 3% compared to the first quarter of 2009.  The company stated that the decrease was driven primarily by fewer significant orders from international customers.  This result was partially offset by an improvement in the domestic law enforcement side of the business.  According to the company; The domestic law enforcement side of the business has continued to show strong growth, as evidenced by significant orders from several police departments including an order for 150 TASER(R) X3(TM) Electronic Control Devices (ECDs) and their related accessories for the Lakeland Police Department in Florida.

Among some significant events in the first quarter of 2010 were the following:

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6

Taser International (NASDAQ:TASR) Looking Like a Good Buy

By
Andrew Montero
– March 29, 2010
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Taser’s Shockwave technology

Taser’s Shockwave technology

 

Taser International (NASDAQ: TASR) shares have been sliding over the last few weeks, trading intraday recently as low as $5.80 per share. With First quarter 2010 results coming into focus, there are many financial questions which need answering. Will the company show it has exercised some restraint in R&D costs? Have there been any significant developments regarding the new Protector line or with AXON or Evidence.com, other than a small police force purchase for which there was a press release recently as seen here: http://phx.corporate-ir.net/phoenix.zhtml?c=129937&p=RssLanding&cat=news&id=1399854

Certainly the company has lots of work to do in becoming more aggressive with the Protector software they have developed, which allows parents to monitor their children’s phone habits and ensure they are not victimized by predators via phone or text.  There has been far too little news regarding this particular part of the company puzzle. The hope is that this particular technology will begin providing significant revenue from retail purchasers of the application, however, that will require some forward looking partnerships…..perhaps with AT&T and Verizon, and the sooner the better for both the company and for parents.

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