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Digital Ally Inc (DGLY.OQ)

DGLY.OQ on NASDAQ Stock Exchange Capital Market

2.50USD
22 Jun 2018
Change (% chg)

$-0.05 (-1.96%)
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$2.55
Open
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Volume
6,265
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4,504
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$4.90
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Latest Key Developments (Source: Significant Developments)

Axon Is Now Barred From Filing Any Further IPRS Against Digital Ally's '292 And '452 Patents
Monday, 4 Jun 2018 

June 4 (Reuters) - Digital Ally Inc ::DIGITAL ALLY INC - AXON IS NOW BARRED FROM FILING ANY FURTHER IPRS AGAINST DIGITAL ALLY'S '292 AND '452 PATENTS.DIGITAL ALLY INC - UNITED STATED PATENT AND TRADEMARK OFFICE DENIES AXON'S REQUEST TO INVALIDATE DIGITAL'S '292 PATENT.  Full Article

Digital Ally Files For Offering Of Up To Aggregate Of 3.67 Mln Shares Of Common Stock
Thursday, 24 May 2018 

May 23 (Reuters) - Digital Ally Inc ::DIGITAL ALLY INC FILES FOR OFFERING OF UP TO AGGREGATE OF 3.67 MILLION SHARES OF COMMON STOCK - SEC FILING.  Full Article

Digital Ally Q1 Loss Per Share $0.37
Tuesday, 15 May 2018 

May 15 (Reuters) - Digital Ally Inc ::DIGITAL ALLY, INC. ANNOUNCES 2018 FIRST QUARTER OPERATING RESULTS.Q1 LOSS PER SHARE $0.37.Q1 REVENUE $2.5 MILLION.DIGITAL ALLY - Q1 2018 REVENUES ADVERSELY AFFECTED BY SUPPLY CHAIN ISSUE WHICH PREVENTED CO FROM SHIPPING OVER $705,000 IN ORDER BACKLOG AT QUARTER END.EXPECT THAT SUPPLY CHAIN WILL RETURN TO NORMAL DURING Q2 2018.BOARD OF DIRECTORS HAS INITIATED A REVIEW OF STRATEGIC ALTERNATIVES TO BEST POSITION US FOR FUTURE.STRATEGIC ALTERNATIVES INCLUDE MONETIZING PATENT PORTFOLIO, RELATED PATENT INFRINGEMENT LITIGATION AGAINST AXON AND WATCHGUARD.DIGITAL ALLY - STRATEGIC ALTERNATIVES INCLUDE SALE OF ALL/SOME ASSETS, PROPERTIES/GROUPS OF PROPERTIES/INDIVIDUAL BUSINESSES OR MERGER WITH ANOTHER CO.RETAINED ROTH CAPITAL PARTNERS TO ASSIST IN THIS REVIEW AND PROCESS.BOARD APPROVED $6.05 MILLION PRIVATE PLACEMENT TO ADDRESS NEAR-TERM LIQUIDITY NEEDS BY REPAYING DEBT AND PROVIDING WORKING CAPITAL.ON A NON-GAAP BASIS, REPORTED AN ADJUSTED NET LOSS OF $0.19 PER SHARE.  Full Article

Digital Ally Inc - Received An Order From Kansas City Based Ztrip, Inc
Monday, 14 May 2018 

May 14 (Reuters) - Digital Ally Inc ::DIGITAL ALLY INC - RECEIVED AN ORDER FROM KANSAS CITY BASED ZTRIP, INC.DIGITAL ALLY INC - ORDER TO CONNECT ABOUT 450 DEPLOYED DVM-250 VIDEO EVENT RECORDERS TO FLEETVU CLOUD-BASED DRIVER MONITORING & MANAGEMENT PLATFORM.  Full Article

Digital Ally says ‍will now proceed towards trial with Axon Enterprise over patent lawsuit ​
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Digital Ally Inc :Digital Ally announces significant development in litigation against Axon Enterprise, Inc..Digital Ally - ‍Federal District Court of Kansas rejected request of Axon Enterprise to maintain stay of patent lawsuit brought by digital against it​.Digital Ally Inc says ‍parties will now proceed towards trial​.  Full Article

Digital Ally Q3 adjusted non-gaap loss per share $0.39
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Digital Ally Inc ::Digital Ally, Inc. Announces 2017 third quarter operating results.Q3 adjusted non-gaap loss per share $0.39.Q3 revenue fell 31 percent to $3.0 million.Q3 loss per share $0.56.Digital Ally Inc says "‍we were disappointed with our Q3 2017 revenues​".Digital Ally-deliveries with AMR were placed on hold after 2 catastrophic accidents involving loss of life in vehicles equipped with co's DVM-250's​.Digital Ally Inc - ‍AMR alleged that DVM-250 units in the involved vehicles failed to record accidents​.Digital Ally - ‍met with AMR representatives in Q3 to discuss accidents and performance of co's equipment including plan to re-start contract deliveries​.Digital Ally Inc - ‍proposed to AMR that it update and upgrade its existing equipment and resume deliveries under contract​.Digital Ally Inc - ‍AMR has yet to approve co's proposal to update and upgrade its existing equipment and resume deliveries under contract​.  Full Article

Digital Ally exploring strategic alternatives
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Digital Ally Inc ::Digital Ally exploring strategic alternatives.‍Company has recently received several unsolicited inquiries from parties involving a variety of alternatives​.‍Unsolicited inquiries include full sale of company, partial sale of its law enforcement or commercial divisions, among others​.Has recently entered into an exclusive distribution agreement with VieVU, LLC regarding company's patented VuLink product line​.Board of directors and management engaged Roth to ensure that company and its shareholders consider all reasonable alternatives​.  Full Article

Digital Ally receives favorable ruling in lawsuit against Taser International
Friday, 14 Oct 2016 

Digital Ally Inc : Digital Ally receives favorable ruling in lawsuit against Taser International . Digital Ally -ruling allows co to start discovery, which will include requests for production of docs, interrogatories, depositions of Taser employees .Digital Ally - ruling also will also allow digital ally to undertake discovery of taser's customers beginning with subpoenas, production of documents.  Full Article

Digital Ally says Q2 revenue $4.4 million
Saturday, 6 Aug 2016 

Digital Ally Inc : Q2 loss per share $0.54 . Digital Ally Inc announces second quarter operating results . Q2 revenue $4.4 million . Says "will work to continue reducing inventory levels during balance of 2016" . Says "believe that gross margins should return to more normal levels in future quarters" .Believe Q2 2016 revenues were negatively impacted by "ongoing confusion caused by a competitor's misleading press release regarding our patents".  Full Article

Digital Ally receives supply contract exceeding $1 mln for body cameras, service and storage systems
Tuesday, 2 Aug 2016 

Digital Ally Inc :Receives supply contract exceeding $1.0 million for body cameras, service and storage systems.  Full Article

BRIEF-Digital Ally Files For Offering Of Up To Aggregate Of 3.67 Mln Shares Of Common Stock

* DIGITAL ALLY INC FILES FOR OFFERING OF UP TO AGGREGATE OF 3.67 MILLION SHARES OF COMMON STOCK - SEC FILING Source text: (https://bit.ly/2KPee2v) Further company coverage: