Axon Enterprises Inc (AXON)

[EZ2]

General
Order Delays Shock Taser
By TSC Staff
4/3/2007 7:53 AM EDT
URL: http://www.thestreet.com/newsanalysis/general/10348223.html

Taser (TASR) fell 5% early Tuesday after forecasting a first-quarter sales shortfall.


The Scottsdale, Ariz., stun gun maker said it expects sales to rise to $15 million from $13.9 million a year earlier. But the company said three large customer purchase orders that were expected in the first quarter of 2007 were delayed.

Analysts were looking for sales of $19 million for the quarter.

``While year over year quarterly revenue grew, the sales cycle remains difficult to predict quarter to quarter. We did receive confirmation of these three large orders which we expect to ship during the second quarter and we remain optimistic about our continued growth for the rest of 2007,'' the company said.

Shares fell 37 cents to $7.75.