Digital Ally (DGLY) Misses Q3 EPS by 27c; Revenues Light
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Digital Ally Awarded Contract to Provide up to 1,025 FirstVU HD Body Cameras and Cloud Storage Services to a Non-Law Enforcement Customer
November 10, 2016 7:30 AM ESTLENEXA, KS -- (Marketwired) -- 11/10/16 -- Digital Ally, Inc. (NASDAQ: DGLY) ("Digital or the "Company"), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced that the Company has won a contract to provide up to 1,025 FirstVU HD body cameras and related cloud storage services to a non-law enforcement customer. The initial contract is a one-year lease of the FirstVu body cams and provision of cloud services, subject to annual renewal. Shipment of the initial 52 cameras will begin immediately and periodically thereafter upon... More
Digital Ally, Inc. Announces Third Quarter Operating Results
November 9, 2016 6:18 PM ESTLENEXA, KS -- (Marketwired) -- 11/09/16 -- Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced its operating results for the third quarter and first nine months of 2016. An investor conference call is scheduled for 11:15 a.m. EST on Thursday, November 10, 2016 (see details below) to discuss these operating results and other topics of interest.
Highlights for Quarter Ended September 30, 2016
Gross profit margin increased to approximately 46.9% of total revenue in the third quarter of 2016, compared with... More