NEW YORK (TheStreet) -- Taser International (TASR) shares are up 15.22% to $13.25 after the company beat analysts second quarter earnings guidance, posting a profit of 7 cents per diluted share, 1 cent better than what was expected.
Revenue for the quarter increased $15.6% over the previous year to $37.2 million, slightly below analysts estimates of $37.4 million.
TheStreet Ratings team rates TASER INTERNATIONAL INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate TASER INTERNATIONAL INC (TASR) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including premium valuation, weak operating cash flow and disappointing return on equity."
TASR data by YCharts
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