TASER International (Nasdaq: TASR) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), TASER International beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. GAAP earnings per share increased significantly.

Gross margins increased, operating margins contracted, net margins increased.

Revenue details
 TASER International reported revenue of $32.2 million. The three analysts polled by S&P Capital IQ expected to see revenue of $31.0 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $28.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 EPS came in at $0.08. The four earnings estimates compiled by S&P Capital IQ averaged $0.07 per share. GAAP EPS of $0.08 for Q2 were 33% higher than the prior-year quarter's $0.06 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
 For the quarter, gross margin was 61.4%, 290 basis points better than the prior-year quarter. Operating margin was 21.2%, 30 basis points worse than the prior-year quarter. Net margin was 13.9%, 170 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $32.8 million. On the bottom line, the average EPS estimate is $0.08.

Next year's average estimate for revenue is $128.7 million. The average EPS estimate is $0.28.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,000 members out of 1,090 rating the stock outperform, and 90 members rating it underperform. Among 190 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 166 give TASER International a green thumbs-up, and 24 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TASER International is outperform, with an average price target of $11.17.

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