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TASER International, Inc. Reports New Stun Gun Sales

By Rich Smith – Feb 6, 2014 at 10:40AM

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Latest sales update includes 500 TASER X26 Smart Weapons to the U.S. Department of Defense.

In its latest update on stun gun sales, TASER International (AXON 0.09%) reported Thursday that it has booked several new orders for its eponymous stun guns. These orders should ship in the current first fiscal quarter of 2014, and will show up in this quarter's revenues when earnings are next released. Specifically, TASER has sold:

  • 500 TASER X26 Smart Weapons to the U.S. Department of Defense.
  • 256 TASER X26P model Smart Weapons to the Marion County Sheriff's Department in Indiana.
  • 78 X2 model Smart Weapons to the Richmond County Sheriff's Department in Georgia.

Additional sales of various TASER weapon models -- and based on the company's past reporting practices, presumablyorders of fewer than 20 units each, as orders of fewer than 20 do not ordinarily get broken out in company press releases  -- and/or sales of TASER CAM HD recorders and/or subscriptions to the company's TASER Assurance warranty and upgrades plan were booked to law enforcement customers in: Alabama, California, Colorado, Connecticut, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia, and Wisconsin -- more than half the states in the Union.

TASER did not disclose financial details on any of these sales, but at advertised list prices (for those products for which prices are listed), their value would appear to add at least $700,000 to TASER's revenue stream.

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Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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