Taser Reports Sales of $1 Million

In its latest update on stun gun sales, TASER International (NASDAQ: TASR  ) reported Wednesday that it's booked several new orders. All are expected to ship and show up in Q2 earnings when the company releases those in July. Specifically, Taser has sold 386 TASER X26P "Conducted Electrical Weapons" to the Kansas Highway Patrol, 18 more X26Ps to the Washington State Patrol, and 210 X26Ps and 60 TASER X2s to the Kern County Sheriff's Office and Kern County Probation Service in California.

Additional sales of X2s, X26Ps, and TASER CAM HDs -- presumably orders of fewer than 20 units each -- were booked to law enforcement customers in Alaska, Arkansas, California, Louisiana, Massachusetts, North Carolina, Ohio, Oregon, Tennessee, Texas, Wisconsin, and one unnamed "international law enforcement agency."

Financial details of the sales were not disclosed, but at advertised list prices (for those products whose prices are listed), the sum total of the above-listed orders appears to approximate $1 million.

That's a smaller sum than TASER has announced in other recent sales updates, and shares are down 0.1% at $8.99 in response to the news.


 
 
 

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  • Report this Comment On May 09, 2013, at 11:22 AM, ChicagoHP wrote:

    Taser management in its last earnings call clarified that press releases on new order bookings are primarily tailored for marketing purposes to police departments. Management added that investors should not read too much into the numbers because they are selective and not necessarily indicative of total sales.

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