TASER Stuns Itself
TASER International Inc. (TASR-NASDAQ) is indicated down almost 5% pre-market after announcing that its Q1 2007 sales are estimated at $14 million. This was the largest Q1 quarter for the company, but the few estimates were between $18 million to…
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TASER International Inc. (TASR-NASDAQ) is indicated down almost 5% pre-market after announcing that its Q1 2007 sales are estimated at $14 million. This was the largest Q1 quarter for the company, but the few estimates were between $18 million to $20 million.
The company cited the delay of 3 large customer orders being delayed. Its CEO said in the press release statement that the company received confirmation that these orders will ship in Q2 and that they are still looking for growth in 2007. There have hardly been any trades so far, so this pre-market activity may be higher or lower once the real trades start coming in.
Jon C. Ogg
April 3, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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