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Digital Ally Inc (DGLY.OQ)

DGLY.OQ on NASDAQ Stock Exchange Capital Market

2.80USD
7 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Digital Ally Prices Public Offering Of 2.4 Mln Shares At $3.05 per Share
Wednesday, 26 Sep 2018 08:48am EDT 

Sept 26 (Reuters) - Digital Ally Inc ::DIGITAL ALLY, INC. PRICES UNDERWRITTEN PUBLIC OFFERING OF COMMON STOCK.SAYS PUBLIC OFFERING OF 2.40 MILLION COMMON SHARES PRICED AT $3.05PER SHARE.  Full Article

Digital Ally Inc Announces Proposed Public Offering Of Common Stock
Tuesday, 25 Sep 2018 04:32pm EDT 

Sept 25 (Reuters) - Digital Ally Inc ::DIGITAL ALLY, INC. ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK.DIGITAL ALLY INC - INTENDS TO OFFER SHARES OF ITS COMMON STOCK IN AN UNDERWRITTEN PUBLIC OFFERING.DIGITAL ALLY INC - INTENDS TO USE NET PROCEEDS FROM OFFERING FOR WORKING CAPITAL AND OTHER GENERAL CORPORATE PURPOSES.  Full Article

Digital Ally Reports Q2 Loss Per Share $0.42
Monday, 20 Aug 2018 09:30am EDT 

Aug 20 (Reuters) - Digital Ally Inc ::DIGITAL ALLY, INC. ANNOUNCES 2018 SECOND QUARTER OPERATING RESULTS.Q2 LOSS PER SHARE $0.42.QTRLY TOTAL REVENUE $3.6 MILLION VERSUS $3.5 MILLION.HAD APPROXIMATELY 170 EMPLOYEES AT JUNE 30, 2017 COMPARED TO APPROXIMATELY 85 AT JUNE 30, 2018.  Full Article

Digital Ally Says Court Rejected Axon's Attempt To "Narrow" Digital Ally's Patent Rights
Friday, 20 Jul 2018 07:30am EDT 

July 20 (Reuters) - Digital Ally Inc ::DIGITAL ALLY - COURT REJECTED AXON'S ATTEMPT TO "NARROW" DIGITAL ALLY'S PATENT RIGHTS.DIGITAL ALLY - COURT CONFIRMED DIGITAL'S PATENT CLAIMS ARE "NOT INDEFINITE".DIGITAL ALLY - SCHEDULE SETS A JAN 4, 2019 DEADLINE TO FILE DISPOSITIVE AND DAUBERT MOTIONS- LAST SUBSTANTIVE AND EVIDENTIARY CHALLENGES.DIGITAL ALLY - WATCHGUARD AGREED TO BE BOUND BY COURT'S CLAIM CONSTRUCTION IN AXON CASE.DIGITAL ALLY INC - LITIGATION AGAINST WATCHGUARD WILL NOW PROCEED TOWARD TRIAL ON ROUGHLY A SIMILAR SCHEDULE AS AXON.DIGITAL ALLY - WATCHGUARD CAN NO LONGER PURSUE ATTEMPTS TO "NARROW" COS' PATENT RIGHTS REJECTED BY COURT.  Full Article

Axon Is Now Barred From Filing Any Further IPRS Against Digital Ally's '292 And '452 Patents
Monday, 4 Jun 2018 06:53am EDT 

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
Wednesday, 23 May 2018 05:27pm EDT 

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 09:00am EDT 

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 07:30am EDT 

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 07:29am EST 

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
Tuesday, 14 Nov 2017 05:04pm EST 

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