TASER International, Inc. (TASR) - NASDAQ
  • Mon, Jul. 18, 10:53 AM
    • Law enforcement stocks are getting a big boost following the weekend shootings of three Baton Rouge police officers.
    • Digital Ally (NASDAQ:DGLY) +30%; Taser (NASDAQ:TASR) +4%
    | Mon, Jul. 18, 10:53 AM | 1 Comment
  • Mon, Jul. 11, 11:01 AM
    • TASER International (NASDAQ:TASR) is up another 4.50% on extremely high volume, while Digital Ally (NASDAQ:DGLY) has retreated 7.8%.
    • Both gun manufacturer stocks are in positive territory on the day.
    • Wall Street firms are quiet on the development as they stick with their pattern of holding back analysis on the short-term impact on Smith & Wesson (SWHC +1.4%) and Sturm Ruger (RGR +2.6%) of major shooting incidents to keep the focus on the long-term.
    | Mon, Jul. 11, 11:01 AM | 7 Comments
  • Wed, May 4, 4:43 PM
    • TASER (NASDAQ:TASR): Q1 EPS of $0.06 beats by $0.03.
    • Revenue of $55.5M (+24.0% Y/Y) beats by $3.68M.
    • Shares +3.6%.
    • Press Release
    | Wed, May 4, 4:43 PM | 2 Comments
  • Wed, Apr. 13, 5:36 PM
    • Top gainers, as of 5.25 p.m.: CUBI +8.1%. CLD +3.8%. XON +2.6%. WYNN +2.5%. SE +2.2%.
    • Top losers, as of 5.25p.m.: PIR -8.5%. STX -4.7%. PSG -3.9%. TASR -3.2%. DD -2.7%.
    | Wed, Apr. 13, 5:36 PM
  • Mon, Feb. 29, 9:17 AM
    | Mon, Feb. 29, 9:17 AM
  • Mon, Feb. 29, 7:52 AM
    • Net income of $5.1M, or $0.09 per diluted share vs. $5.08M, or $0.09 per diluted share in the fourth quarter of 2014.
    • Revenue by segment: Taser Weapons: +15.4%; Axon +47%.
    • Total Axon and Evidence.com bookings increased 82% to $44.7M from $24.5M a year ago.
    • SG&A expenses +75% to $21.9M; R&D expenses +25% to $6.6M.
    • "We concluded a very strong year," CEO Rick Smith said. "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."
    • TASR +8.7% premarket
    • Q4 results
    | Mon, Feb. 29, 7:52 AM | 9 Comments
  • Fri, Jan. 15, 10:26 AM
    • Digital Ally (NASDAQ:DGLY) is a rare tech gainer this morning after the company announced the USPTO has confirmed the validity of its '292 patent (USPTO filing), which covers auto-activation technology for body cameras and has been challenged by Taser (TASR -3.6%).
    • DGLY adds it has sued Taser in a Kansas federal court, alleging Taser's Axon body camera line willfully infringes DGLY's IP. The company's Q3 miss was blamed on Taser's challenges to the '292 patent. In December, the USPTO issued a Notice of Intent to Issue a Reexam Certificate for the patent.
    • Taser is selling off on a morning the Nasdaq is down 2.4%.
    | Fri, Jan. 15, 10:26 AM | 4 Comments
  • Fri, Jan. 15, 9:29 AM
    | Fri, Jan. 15, 9:29 AM | 3 Comments
  • Wed, Jan. 6, 8:00 AM
    • Taser (NASDAQ:TASR) +1.7% premarket after JPMorgan upgraded the stock to Overweight from Neutral, with an unchanged price target of $25.
    • Analyst Mark Strouse: The stock's risk/reward is favorable following the recent pullback and additional contract wins.
    • The company's shares fell 35% in 2015.
    | Wed, Jan. 6, 8:00 AM | 5 Comments
  • Dec. 21, 2015, 10:09 AM
    • Taser (TASR +6.2%) climbs in early trade after announcing multiple orders of its next generation Smart Weapons.
    • The orders were received and are expected to ship in the fourth quarter.
    | Dec. 21, 2015, 10:09 AM | 11 Comments
  • Dec. 10, 2015, 3:17 PM
    • Taser (TASR +6.2%) has reported receiving new Axon body camera orders from 18 law enforcement agencies, with 16 also buying subscriptions for its Evidence.com video storage/access solution. The list includes the Scottsdale Police Department, the DeKalb County, GA sheriff's office, and Denver International Airport. The orders will ship in Q4 and Q1.
    • Digital Ally (DGLY +9.7%), meanwhile, says the USPTO has issued a Notice of Intent to Issue a Reexam Certificate for its '292 patent,a move it declares is a rejection of Taser's challenge to the patent. The patent is said to now have 59 claims, up from a prior 20.
    • Last month, Taser announced the USPTO had made a final office action to reject the originally granted claims in the '292 patent, which is related to automatic recording triggers for body cameras and in-car video systems. It added the USPTO did allow amended claims, but insisted they "contain substantial limitations that move TASER products even further from [them]."
    • Previously: Taser lands major U.K. body camera orders
    | Dec. 10, 2015, 3:17 PM | 5 Comments
  • Nov. 24, 2015, 9:17 AM
    | Nov. 24, 2015, 9:17 AM
  • Nov. 24, 2015, 9:10 AM
    • Taser (NASDAQ:TASR) +11.2% premarket after winning a major bid to outfit 22K London Metropolitan Police Officers with Axon body cameras, which will be deployed to all frontline officers.
    • Final contract details are still being negotiated at this time.
    | Nov. 24, 2015, 9:10 AM | 5 Comments
  • Nov. 18, 2015, 11:47 AM
    • Believing shares are undervalued after having fallen over 50% from a June peak of $35.95, Ladenburg Thalmann's Glenn Mattson has upgraded Taser (NASDAQ:TASR) to Buy, and set a $24 target.
    • Mattson: "We believe the stock's decline is a result of falling earnings expectations related to higher opex, growing competition in the on-officer video market, as well as a decline in the rate of growth for the weapons segment." He considers the issues priced in, notes Taser's weapons business still generates solid cash flow, and considers its major body camera investments justifiable, given their potential to yield "a steady stream of revenue from video."
    • Shares are two weeks removed from plunging in response to Taser's mixed Q3 report. They remain down 30% YTD, after having soared in the second half of 2014 thanks to body camera enthusiasm.
    | Nov. 18, 2015, 11:47 AM | 26 Comments
  • Nov. 18, 2015, 9:15 AM
    | Nov. 18, 2015, 9:15 AM | 11 Comments
  • Nov. 11, 2015, 4:56 PM
    • "[W]e believe recent challenges by a competitor to our VULink patent (specifically the automatic triggers covered by the patent) caused confusion and concern within our marketplace, our customer base and among potential customers," says Digital Ally (NASDAQ:DGLY) CEO Stanton Ross in the Q3 report.
    • In September, Taser (NASDAQ:TASR) stated the USPTO had rejected all 20 claims in DGLY's '292 patent (USPTO filing), whose automatic trigger covers the ability of body cameras and in-car video systems to begin automatically recording without being manually turned on by an officer. DGLY responded by noting the USPTO hasn't made a final determination regarding the patent, and that the reexamination process is far from over.
    • Q3 details: Revenue rose by $400K Y/Y to $5.1M, but fell by $500K Q/Q. Gross margin fell to 40% from 54.9% in Q2 and 52.8% a year ago; a camera cable connector upgrade for the FirstVU HD body camera (led to $850K in scrap costs) is blamed. SG&A spend rose 19% Y/Y to $4.2M.
    • DGLY ended Q3 with $7.8M in cash thanks to the $11.2M in net proceeds received from a July stock/warrant offering. Shares have plunged to $5.65 after hours.
    • DGLY's Q3 results, PR
    | Nov. 11, 2015, 4:56 PM | 10 Comments
Company Description
TASER International, Inc. engages in the development, manufacture, and sale of conducted electrical weapons for use in law enforcement, federal, military, corrections, private security, and personal defense markets. The company provides solutions to violent confrontation by developing devices... More
Industry: Aerospace/Defense Products & Services
Country: United States