8-KEarnings & ResultsExhibits & Filings

AXON ENTERPRISE, INC. 8-K Report, Financial Results (Feb 21, 2013)

Filed February 21, 2013For Securities:AXON

Summary

This 8-K filing from TASER International, Inc. (now Axon Enterprise, Inc.) on February 21, 2013, announces the company's financial results for the fourth quarter of 2012. The key takeaway for investors is the significant revenue growth, with Q4 revenues increasing by more than 50% to $32.1 million. The report also indicates that the full press release containing detailed financial statements, segment reporting, cash flow information, and reconciliations of GAAP to non-GAAP measures for the period is attached as an exhibit. Investors interested in the specifics of the company's performance should refer to this exhibit.

Key Highlights

  • 1TASER International, Inc. reported Q4 2012 revenues of $32.1 million, a significant increase of over 50% compared to the prior year.
  • 2The company issued a press release on February 21, 2013, detailing its fourth-quarter and full-year 2012 financial results.
  • 3The 8-K filing includes Exhibit 99.1, which contains the full text of the press release.
  • 4Exhibit 99.1 provides unaudited consolidated statements of operations, balance sheets, segment reporting, and selected cash flow information.
  • 5The filing also includes reconciliations of GAAP to non-GAAP financial measures, offering a more nuanced view of performance.
  • 6Daniel Behrendt, Chief Financial Officer, signed the report on behalf of TASER International, Inc.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce TASER International, Inc.'s financial results for the fourth quarter of 2012 and to provide investors with access to the detailed press release and financial statements associated with these results.

TASER International, Inc. reported that its revenues for the fourth quarter of 2012 increased by more than 50% to $32.1 million.

More detailed financial information, including consolidated statements of operations, balance sheets, segment reporting, cash flow information, and GAAP to non-GAAP reconciliations, can be found in Exhibit 99.1, which is the text of the press release attached to this 8-K filing.

The information provided pursuant to Item 2.02 in this report, including the press release, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that Section.