New York, New York –October 26, 2012 – (www.investorideas.com newswire, ) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors reports on the top percentage gainers for October 26th. TASER International Inc. (NasdaqGS :TASR) makes the top five list, trading at $7.65, gaining $1.26 or 19.72% as of 11:48AM EDT on over 2.8 Million shares. The stock had a morning high of $7.81 following news of third quarter results .
•Net sales were $28.8 million in the quarter, an increase of $4.4
million or 18.0% compared to third quarter 2011 sales of $24.4 million.
The increase in sales versus the prior year was primarily driven by the
extended upgrade program for the TASER® X2™ Electronic Control Device
•Revenues in the ECD business segment sequentially remained flat with
the current quarter at $27.1 million in the third quarter of 2012. In
comparison to the third quarter of 2011, revenues grew 15.9% in the
third quarter of 2012.
•Revenues in the video business segment increased 30.8% sequentially,
from $1.3 million in the second quarter of 2012 to $1.7 million in the
third quarter of 2012. In comparison to the third quarter of 2011,
revenues grew 65.2% in the third quarter of 2012. AXON Flex™ on-officer
cameras and EVIDENCE.com bookings continued to grow with bookings
doubling sequentially from the second quarter of 2012 to the third
quarter of 2012.
TASER International, Inc. ( NASDAQ : TASR ) is a global provider of
safety technologies that protect life and prevent conflict. More than
16,880 public safety agencies in 107 countries rely on TASER® electronic
control devices and AXON on-officer camera systems to help protect and
serve. Today, the use of TASER ECDs has saved more than 97,000 lives
from potential death or serious injury while TASER innovations benefit
individuals and families too, providing personal protection and
accountability while maintaining regard for life. Since 1994, more than
251,000 individuals have relied on TASER technology as a means for
effective personal safety.
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