Taser Stuns With Soaring Earnings; Stock Jolts Higher
Posted on October 26, 2012 at 15:28 PM EDT
Shares of Taser International (TASR) jolted to a more-than-two-year high after the company stunned investors with strong third-quarter earnings. The stun-gun maker said earnings climbed 250% to 7 cents, 3 cents over analysts' projections. Revenue shot up 18% to $28.8 million, topping forecasts for $25.6 million. The company noted strong orders from police departments upgrading to its latest stun-gun model. The company said agencies were also