On Tuesday, TASER International, Inc. (NASDAQ:TASR)’s shares inclined 4.38% to $26.23.
TASER International, Inc. (TASR), declared financial results for the second quarter ended June 30, 2015.
Second Quarter 2015 Financial Highlights:
- Net sales were $46.7 million in the quarter, an enhance of $9.5 million, or 25.7%, contrast to second quarter 2014 net sales of $37.2 million. International sales were $8.0 million in the quarter, an enhance of $3.0 million contrast to the preceding year second quarter.
- TASER Weapons segment revenues grew $5.2 million year-over-year, or 15.8%, to $37.8 million in the second quarter of 2015. The enhance in Smart Weapon sales of $7.5 million was partially offset by a decrease of $3.1 million in sales of legacy TASER X26 CEW, which was stepped down from production as of December 31, 2014.
- Axon segment revenues raised by $4.4 million, or 97.5%, to $8.9 million in the second quarter of 2015 in comparison to the preceding year second quarter. The enhance was partially driven by a $2.1 million enhance, or 226.1%, in service revenue contrast to the second quarter 2014 which was driven by raised license counts and higher monthly per license revenues for Evidence.com in addition to raised professional services delivered. Axon body-worn camera hardware sales raised $1.7 million contrast to the preceding year period as more agencies embraced this technology.
TASER International, Inc. develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. It operates through two segments, TASER Weapons and AXON. The company’s CEW products transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. It offers three hand-held CEW product lines, counting TASER X26P and TASER X2, which integrates with EVIDENCE.com; and TASER X26.
Symantec Corporation (NASDAQ:SYMC)’s shares dropped -0.27% to $22.42.
Symantec (SYMC) has issued a challenge to online retailers to make this year’s Cyber Monday the safest on record. In order to prepare, the company released an improved version of its best-in-class encryption tool, Symantec SSL Assistant Plus, to make it easy for online retailers and other sites to encrypt and keep their customers safe.
Symantec SSL Assistant Plus cuts the time it takes to set up encryption down to minutes by removing arduous steps that require technical experience. It automates the entire configuration process, giving customers the assurance that comes from knowing configuration of their servers is secure and vulnerability free.
Symantec Corporation, together with its auxiliaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in various environments from the mobile device and enterprise data center and to cloud-based systems. The company operates through three segments: Consumer Security, Enterprise Security, and Information Administration.
At the end of Tuesday’s trade, Bonanza Creek Energy Inc (NYSE:BCEI)‘s shares dipped -5.39% to $6.85.
Bonanza Creek Energy, Inc. (BCEI) stated its second quarter 2015 financial and operating results. The Company formerly declared revisions to its agreements with its gas processing providers in the Rocky Mountain region allowing it to report operated sales volumes in three streams (oil, NGLs and natural gas) effective January 1, 2015. Unless noted, all references to barrel of oil equivalent (boe) volumes related to activities accomplished in the Rocky Mountain region during 2014 have incorporated 6:1 gas to liquids conversion of two-stream (oil and wet gas) volumes.
Highlights from second quarter 2015 and current operations comprise:
- Sales volumes grew to 28.0 Mboe/d representing a 14% enhance contrast to estimated 3-stream sales volumes in the second quarter of 2014(1)and 2% contrast to first quarter 2015
- Raised Rocky Mountain region sales volumes by 21% contrast to second quarter 2014(1), to 22.7 Mboe/d and 4% contrast to first quarter 2015
- Estimated sales volumes(2)for the first 20 days in July were 29.4 Mboe/d, an all-time record for the Company
- Current Wattenberg Field standard 4,000 foot lateral (“SRL”) well costs are $3.4-3.5 million vs. $3.6 million during the second quarter
- First BCEI operated long reach lateral on northern acreage in the Wattenberg Field tracking to a 9,000 foot lateral (“XRL”) equivalent EUR of 680 Mboe
Bonanza Creek Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of onshore oil and associated liquids natural gas in the United States. The company’s oil and liquids weighted assets are located primarily in the Wattenberg Field in Colorado; and the Dorcheat Macedonia Field in southern Arkansas. It also owns and operates oil-producing assets in the North Park Basin in Colorado; and the McKamie Patton Field in Southern Arkansas.
Cytec Industries Inc (NYSE:CYT), ended its Tuesday’s trading session with -0.08% loss, and closed at $74.13.
The Travelers Companies, Inc. (NYSE: TRV) recently declared that Alan D. Schnitzer will succeed Jay S. Fishman as Chief Executive Officer, effective December 1, 2015, and has been designated to the company’s Board of Directors, effective the same date. Fishman will become Executive Chairman following Schnitzer’s assumption of the CEO role.
Schnitzer, 49, is Chief Executive Officer of Travelers’ Business and International Insurance, the company’s largest business segment. Formerly, he headed the company’s Financial, Professional and International Insurance segment. In addition to his business line responsibilities, Schnitzer oversees Travelers’ Field Administration, Corporate Communications and Public Policy organizations.
The Travelers Companies, Inc., through its auxiliaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the Unites states and internationally. It operates in three segments: Business and International Insurance; Bond & Specialty Insurance; and Personal Insurance. The Business and International Insurance segment offers property and casualty products, counting commercial multi-peril, commercial property, general liability, commercial automobile, and workers’ compensation; and personal property, employers’ liability, public and product liability, professional indemnity, commercial property, surety, marine, aviation, personal accident, and kidnap and ransom insurance.
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