A day after announcing its biggest sale of AXON on-body police videocameras to date, TASER International reminded investors on Tuesday that it also makes ... TASERs. Stun guns, that is.
As the company informed earlier today, it has booked several new orders for its eponymous stun guns and expects to ship the weapons to which these orders pertain in the third and fourth quarters of fiscal 2013, with revenues likewise showing up in Q3 and Q4 financial results. Specifically, TASER has sold:
- 700 TASER X26P "smart weapons," plus attached TASER CAM HD videocameras, to the Jefferson Parish Sherriff's Office in Louisiana.
- 175 more X26Ps to the Cumberland County Sherriff's Office in North Carolina.
- 577 TASER X2 smart weapons, plus attached TASER CAM HD videocameras, to the Maricopa County Sherriff's Office in Arizona.
- And 130 more X2s to the Milwaukee Police Department in Wisconsin.
Additional sales of X2s and X26Ps -- presumably orders of less than 20 units each -- and subscriptions to the company's "TASER Assurance" warranty and free upgrade handle plan, were booked to law enforcement customers in Arizona, Arkansas, California, Connecticut, Florida, Iowa, Kansas, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Oklahoma, Pennsylvania, Tennessee, Texas, Vermont, and Virginia.
TASER did not disclose the value of any of the aforementioned orders. However, at advertised list prices (for those products for which prices are listed), their value would appear to be in excess of $1.8 million.
The article TASER Reports Close to $2 Million in New Stun-Gun Sales originally appeared on Fool.com.Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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