Taser International (TASR) Tops Q3 EPS by 5c

October 30, 2014 7:31 AM EDT
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Price: $21.90 --0%

Financial Fact:
Research and development expenses: 7.36M

Today's EPS Names:
TEDU, JOBS, HIVE, More
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Taser International (NASDAQ: TASR) reported Q3 EPS of $0.14, $0.05 better than the analyst estimate of $0.09. Revenue for the quarter came in at $44.3 million versus the consensus estimate of $39.34 million.

  • ASER Weapons segment revenues grew $8.4 million year-over-year, or 26.5%, to $40.0 million in the third quarter of 2014.
  • EVIDENCE.com & Video segment revenues increased by $0.8 million, or 21.5%, to $4.3 million in the third quarter of 2014 in comparison to the prior year third quarter. AXON cameras and EVIDENCE.com bookings of $15.3 million, increased $9.5 million, over third quarter 2013 bookings of $5.8 million.
  • Gross margin in the third quarter of 2014 was 64.7%, compared to 62.8% in the same period last year. The improvement in gross margin in the third quarter of 2014 was driven by the 26.0% increase in net sales which resulted in better leverage of manufacturing overhead expenses and higher average selling prices.

For earnings history and earnings-related data on Taser International (TASR) click here.



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