Taser's 2nd quarter results released today: "...a $5.2 million charge in the second quarter for an adverse litigation judgment, the net operating loss for the second quarter was $4.3 million..."
If I'm reading this correctly, their recent $6.2M ($1M covered by insurance) legal loss means that instead of making an infinitesimal profit of about $900k (pass the tweezers, LOL), they instead ran a loss-making operation to the tune of -$4.3M.
Taser is attributing their loss-making to "...lower municipal spending in the U.S. as agencies reassigned budget dollars due to economic constraints, including significantly higher fuel costs than agencies had budgeted previously."
So, the slow sales are nothing to do with the many mysterious taser-associated deaths then, eh?
Not anything to do with various jurisdictions changing their minds? For example: [LINK]
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