Digital Ally Inc reports results for the quarter ended in June - Earnings Summary

Kustom Entertainment

15/08/2023 07:40

* Digital Ally Inc  DGLY.OQ  reported a quarterly adjusted
loss of
$3.01​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of $2.24 per
share.
    * Revenue fell 11.5% to $8.28 million from a year ago;
analysts
expected $9.63 million. 
    * Digital Ally Inc's reported EPS for the quarter was a loss
of
$3.01​.
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Digital Ally Inc shares had fallen by 3.0% this
quarter and
lost 15.6% so far this year.
    * The company reported a quarterly loss of $8.39 million.
    * Wall Street's median 12-month price target for Digital
Ally Inc
is $11.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 15 at 06:40 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -2.24          -3.01          Missed
 Mar. 31 2023      -2.42          -2.22          Beat
 Dec. 31 2022      -2.40          -4.70          Missed
 Sep. 30 2022      -2.40          -0.80          Beat