Axon Enterprise, Inc. (AXON), formerly Taser Intl. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Axon Enterprise, Inc. (AXON), formerly Taser Intl.

AXON 605.23

-5.4%

11:56 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: John Carragher	2/21/2007 8:52:05 AM
	Read Replies (1) of 974

Taser Int'l 4Q Earnings Climb to $2.3M Wednesday February 21, 8:40 am ET Stun Gun Maker Taser International Fourth-Quarter Profit Rises to $2.3 Million on Strong Sales SCOTTSDALE, Ariz. (AP) -- Stun gun maker Taser International Inc. said Wednesday its fourth-quarter profit surged on strong sales. Net income grew to $2.3 million, or 4 cents per share, in the three months ended Dec. 31 from $179,126, or breakeven per share, in the year-ago period. Revenue rose 53 percent to $19.3 million from $12.6 million. Analysts surveyed by Thomson Financial expected earnings per share of 4 cents on revenue of $19.2 million. For the full year, the company posted a loss of $4.1 million, or 7 cents per share, due to hefty shareholder litigation settlement expenses, compared with a profit of $1.1 million, or 2 cents per share, in 2005. Revenue rose to $67.7 million from $47.7 million. The company said it expects to make its final litigation settlement payment of $8 million in cash late in the first quarter of 2007, pending final court approval of the settlement.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next