TASER Tells All: Fool by Numbers

On July 26, Motley Fool Rule Breakers selection TASER International (Nasdaq: TASR  ) released Q2 2006 earnings for the period ended June 30.

  • Sales beat Street estimates, but per-share earnings came in lighter than projected, thanks to higher administrative expenses, including legal fees to fight lawsuits. TASER says 10 cases against it were dismissed during the quarter.

  • Margins improved dramatically across the board, an encouraging sign if sales continue to improve as management expects.

(Figures in thousands, except per-share data)

Income Statement Highlights

Avg. Est.

Q2 2006

Q2 2005

Change

Sales

$16,060

$16,225

$13,207

22.9%

Net Profit

--

$1,518

$497

205.3%

EPS

$0.03

$0.02

$0.01

100%



Get back to basics with a look at the income statement.

Margin Checkup

Q2 2006

Q2 2005

Change*

Gross Margin

64.04%

62.03%

2.01

Op. Margin

13.71%

5.19%

8.52

Net Margin

9.35%

3.76%

5.59

*Expressed as percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q2 2006

Q2 2005

Change

Cash + ST Invest.

$20,531

$18,468

11.2%

Inventory

$9,606

$9,162

4.8%

Accounts Rec.

$7,808

$6,526

19.6%


Liabilities

Q2 2006

Q2 2005

Change

Long-Term Debt

--

--

N/A

Accounts Pay.

$6,065

$7,208

(15.9%)



Learn the ways of the balance sheet.

Cash Flow Checkup

No cash flow statement provided. (Whatever.)

Find out why Fools always follow the money.

Related Companies:

  • Law Enforcement Associates (AMEX: AID  )
  • Stinger Systems

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

TASER is aMotley Fool Rule Breakersselection. Ask us for an all-access pass to the service to get a closer look at the four multibagger stocks the team has uncovered. Your free pass is good for 30 days.

Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what else is in his portfolio by checking Tim's Fool profile. The Motley Fool has an ironclad disclosure policy.


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