TASER International, Inc. (NASDAQ:TASR) posted its results for third quarter of fiscal 2012.
Company reported a rise of 18% in third-quarter revenue and attributed the better than expected growth to an extended upgrade program for its Taser X2 device.
Company’s net sales were $28.8 million in the quarter, an upsurge of $4.4 million or 18.0% versus third quarter 2011 sales of $24.4 million.
In ECD business segment revenues remained flat successively with the current quarter at $27.1 million in the third quarter of 2012 versus third quarter of 2011; revenues raised 15.9% in the third quarter of 2012.
TASER International, Inc. (NASDAQ:TASR) traded with volume of 6.13 million shares in last session which was unexpectedly higher versus average trading capacity of 773,044 shares. The stock traded with opening bell at $6.83, gained the maximum price level of $8.45 and then finished the day at $8.07 by 26.29%.
TASR remained successful in generating revenue of $103.97 million in the trailing twelve months and made net income of $5.02 million. The Company maintained a positive 4.83% for the net profit margin and in its operating margin it increased 10.17%. Company’s yearly revenue change for the last five years was 5.86%.
The TASR’s price to sales ratio is 4.10and price to cash ratio is 14.63 for the past 12 months. As far as the returns from the company is concerned, return on assets remained as 4.57%.
The stock showed upbeat performance of 26.49% for the week which was maintained for the month at 33.61%. Likewise the positive performance for the trailing 3 months was recorded as 48.07% and in last year was 60.76% while the performance so far in current year remains at 57.62%.
Disclaimer
Fast Moving Stock does not own any shares or plan to get a position(s) in the company(s) anytime soon. Moreover, we have not been compensated for the posting of this article/report/analysis, as this is just an opinion of our writer/contributor. Not recommandation to buy or sell any stocks Read full
