"Taser International Inc., maker of namesake stun guns, said Tuesday it expects to report higher first-quarter sales, but delayed orders will leave the result lower than analyst expectations.
Taser expects first-quarter revenue of $15 million, up $1.1 million, or about 8 percent, from the year-earlier period. That would be well below the Wall Street estimate of $19 million, according to Thomson Financial.
The Phoenix-area company said big orders from three customers expected in the quarter will be delayed until at least the second quarter."
Tuesday, April 03, 2007
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