TASER International Inc.
), through its affiliate EVIDENCE.com, announced that it has
received numerous orders for its AXON body-worn video cameras and
The company expects to generate considerable revenues in the
first half of fiscal 2014 from these orders.
In its latest update related to its new set of AXON on-body
wearable camcorders for police officers, TASER announced three
significant contracts with law enforcement agencies. The company
will supply 96 "AXON body" on-body cameras to Virginia's Danville
Police Department. This also includes a four-year contract to
supply EVIDENCE.com digital video storage service for the
In addition, it received orders of 84 AXON body cameras and 50
AXON flex cameras from the Duluth and Miami Police Departments,
Apart from these three big contracts, the company also won orders
of AXON body and flex body worn video cameras. In addition,
EVIDENCE.com provided subscriptions to different law enforcement
agencies in different locations like Arizona, Arkansas,
California, Florida, Idaho, Kentucky, New Mexico, Missouri, North
Carolina, Texas, Vermont, Virginia, Washington state, Wisconsin,
The company continues to invest considerably to upgrade and
produce new products for the law enforcement services. AXON
body-worn video cameras and EVIDENCE.com are the main advanced
technology solutions coming from TASER.
EVIDENCE.com is a secured digital evidence management solution
by which an agency can access its data safely. During the fourth
quarter 2013, the company's research and development expenses
surged 73.7% year over year due to additional personnel expenses
associated with EVIDENCE.com & Video segment product
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Recently, the company reported a solid fourth quarter driven by
higher sales. It surpassed the Zacks Consensus Estimate by 160%
and was higher 85.7% from the year-ago figure.
TASER International currently has a Zacks Rank #2 (Buy). Some
stocks in the same sector looking equally good include
Alliant Techsystems Inc.
). While Astronics Corporation holds a Zacks Rank #1 (Strong
Buy), Alliant Techsystems and AeroVironment carry a Zacks Rank #2