taser international inc (TASR) Key Developments
Taser International's Unit EVIDENCE.Com Announces the Order of 100 Axon Body-Worn Video Cameras by the Fresno Police Department
Aug 12 14
TASER International's unit EVIDENCE.com announced the order of 100 AXON body-worn video cameras by the Fresno Police Department. The order includes a five-year subscription to EVIDENCE.com as the backend digital evidence management system. TASER's AXON cameras are small, yet highly visible, and can be attached securely to sunglasses, a cap, a shirt collar, or a head mount. They are powered by a pocketsize battery pack which ensures recording capability during an entire shift. When recording, the cameras capture a wide-angle, full-color view of what an officer is facing. The video automatically uploads via a docking station to EVIDENCE.com, a cloud-based storage and management system, where it can be easily accessed for review. The video files stored online or on the AXON video camera are secure and cannot be tampered with. EVIDENCE.com helps police capture, manage, and share their digital evidence without the complexity or cost of installing in-house servers. It enables greater transparency through seamless integration with the AXON body-worn video cameras. EVIDENCE.com is the most secure, scalable, and cost-effective solution for managing all types of digital evidence. EVIDENCE.com automates the upload process to ensure security and integrity while keeping officers in the field rather than sitting at computers.
TASER International Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-13-2014 10:15 AM
Aug 8 14
TASER International Inc. Presents at Oppenheimer 17th Annual Technology, Internet & Communications Conference, Aug-13-2014 10:15 AM. Venue: Four Seasons Hotel, 200 Boylston Street, Boston, MA 02116, United States. Speakers: Daniel M. Behrendt, Chief Financial Officer and Principal Accounting Officer.
TASER Revives Order from Houston Police Department
Aug 6 14
TASER announced multiple orders of its TASER(R) brand next generation Smart Weapons. These orders were received in and are expected to ship in the third quarter of 2014. Houston Police Department's follow on order of 2,663 TASER X2 Smart Weapons now provides the entire patrol force with a total of 5,400 TASER X2s.
TASER International Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014
Jul 30 14
TASER International Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $37.175 million against $32.175 million a year ago. Income from operations was $6.212 million against $6.809 million a year ago. Income before provision for income taxes was $6.254 million against $6.828 million a year ago. Net income was $3.884 million or $0.07 per diluted share against $4.457 million or $0.08 per diluted share a year ago. Adjusted EBITDA was $8.960 million against $9.495 million a year ago. Net cash provided by operating activities was $1.652 million against $7.704 million a year ago. The increase in Net Sales were driven by total law enforcement weapon handle sales which increased $2.6 million in the second quarter compared to the prior year.
For the six months, the company reported net sales of $73.360 million against $62.609 million a year ago. Income from operations was $11.068 million against $12.066 million a year ago. Income before provision for income taxes was $11.14 million against $12.062 million a year ago. Net income was $7.275 million or $0.13 per diluted share against $7.755 million or $0.14 per diluted share a year ago. Adjusted EBITDA was $16.177 million against $17.208 million a year ago. Net cash provided by operating activities was $5.962 million against $12.223 million a year ago.
TASER International Inc. to Report Q2, 2014 Results on Jul 30, 2014
Jul 10 14
TASER International Inc. announced that they will report Q2, 2014 results at 11:30 AM, GMT Standard Time on Jul 30, 2014