TASER Int'l (TASR) Tops Q4 EPS by 5c; Announces $50M Stock Buyback

TASER Int'l (NASDAQ: TASR) reported Q4 EPS of $0.09, $0.05 better than the analyst estimate of $0.04. Revenue for the quarter came in at $56 million versus the consensus estimate of $50.72 million.

Board of Directors approves $50.0 million stock buy-back.

"We concluded a very strong year for TASER International with record fourth quarter Weapons segment revenues and record quarterly bookings in our Axon segment," said Rick Smith, TASER chief executive officer. "Throughout the year, we made significant progress in extending our leadership position as the go-to provider of innovative technology solutions to law enforcement. We also demonstrated returns on the ongoing build-out of our international operations, which remains an important area of focus for us as we expand our addressable market."

"In 2016, we see tremendous opportunity to further enhance our integrated hardware-software platform and pursue our strategic initiatives with a focus on long-term profitable growth," concluded Smith.

For earnings history and earnings-related data on TASER Int'l (TASR) click here.

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