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Digital Ally, Inc. (DGLY)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2.3200-0.5000 (-17.73%)
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Neutralpattern detected
Previous Close2.8200
Open2.3510
Bid0.0000 x 2900
Ask0.0000 x 900
Day's Range2.0200 - 2.5300
52 Week Range0.6400 - 7.1000
Volume13,939,843
Avg. Volume3,500,478
Market Cap61.669M
Beta (5Y Monthly)0.60
PE Ratio (TTM)N/A
EPS (TTM)-0.6540
Earnings DateAug 13, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est5.00
  • GlobeNewswire

    Digital Ally Announces Sizable Order for ThermoVu™ Non-Contact Temperature Screening Devices

    The order is the company’s first to a municipality deploying ThermoVu community-wide Lenexa, KS, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and security, today announced the receipt of a notable order from Linn County, KS for 42 ThermoVu™ non-contact temperature screening devices. Linn County represents the first municipality to deploy ThermoVuä units county-wide. The units will be placed in the courthouse, county offices, senior centers, parks/marinas, schools, and other populated public areas to detect high temperatures in staff and visitors.ThermoVuä was launched recently as a non-contact temperature-measuring instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters. ThermoVuä has optional features such as facial recognition to improve facility security by restricting access based on temperature and/or facial recognition reasons. ThermoVuä provides an instant pass/fail audible tone with its temperature display and controls access to facilities based on such results. It can be widely applied in schools, hospitals, office buildings and other public venues.“During these unprecedented times we have taken on the responsibility to provide municipalities and the citizens they serve with the necessary tools needed to fight COVID-19,” said Stan Ross, CEO of Digital Ally, adding, “The ThermoVuä unit is a highly versatile device that can be used in many situations. We are proud to partner with Linn County in taking the steps to provide a safe working and living environment for its citizens.”About Digital AllyDigital Ally®, headquartered in Lenexa, KS, specializes in the design and manufacturing of the highest quality video recording equipment and video analytic software. Digital Ally pushes the boundaries of technology in industries such as law enforcement, emergency management, fleet safety and security. Digital Ally’s complete product solutions include vehicle and body cameras, flexible software storage, automatic recording technology and various critical safety products. These products work seamlessly together and are simple to install and operate. In addition, Digital Ally recently launched two new product lines including a non-contact thermometer/controlled-entry device under the Company’s ThermoVu™ brand and an EPA Category IV disinfectant/sanitizer under the Company’s Shield™ brand. Digital Ally products are sold by domestic direct sales representatives and international distributors worldwide.For additional news and information please visit www.digitalallyinc.com or follow additionalDigital Ally Inc. social media channels here:Facebook I Instagram I LinkedIn I TwitterContact Information Stanton Ross, CEO Tom Heckman, CFO Digital Ally, Inc. 913-814-7774info@digitalallyinc.comThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: whether the Company will be able to improve its revenue and operating results, especially in light of the adverse effects of the Covid-19 pandemic on its customers, suppliers and employees; whether the Company will effectively manage the disruptions to its supply chain and business activities caused by the Covid-19 pandemic; whether the partnership with Linn County, KS will result in a longer-term relationship with Linn County and other municipalities that will increase the sale of the ThermoVuä and other safety products distributed by the Company; whether Linn County’s utilization of the ThermoVuä will provide adequate safety measures for staff and visitors at Linn County’s facilities; whether the Company will be able to effectively market and distribute the Shieldä and ThermoVuä product lines to its customers; whether the Company can acquire Shieldä and ThermoVuä products in the quantities and on a timely basis to fulfill its customers’ orders; whether the Company will be able to distribute the Shieldä and ThermoVuä products in a cost-effective, profitable manner; whether Shieldä products will be proven effective against the Covid-19 virus as claimed by its manufacturer; whether the ThermoVuä product will perform as anticipated; whether the Company’s new products will meet applicable government regulations as promulgated; whether the Company will be able to adapt its technology and products to new and different uses, including being able to introduce new products; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters and whether the Company will be successful in its patent infringement litigation with Axon Enterprises, Inc. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company's disclosures. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", "projects", "should", or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended December 31, 2019, and its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2020 as filed with the Securities and Exchange Commission.

  • ACCESSWIRE

    LD Micro 360 Companies Set to Present this Week.

    LOS ANGELES, CA / ACCESSWIRE / August 31, 2020 / LD Micro today announced the final list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.

  • GlobeNewswire

    Digital Ally’s ThermoVu™ Temperature Screening Devices to Aid Sporting Kansas City in Safely Welcoming Fans Back to Major League Soccer

    MLS is first major men’s league in U.S. to allow fans in attendanceLenexa, KS, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”), which develops, manufactures and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and security, today announced a partnership with Major League Soccer club Sporting Kansas City to provide Digital Ally’s ThermoVu™ non-contact temperature-screening devices at entrances to Children’s Mercy Park for the match against the Houston Dynamo on Tuesday, August 25, 2020.Major League Soccer’s decision in early August to allow fans back into stadiums—subject to local and state approval within each market—means that Sporting’s match on August 25, 2020 will be one of the first major sporting events and the first in Kansas City to allow fans in attendance since the onset of the COVID-19 pandemic.“We are excited to partner with Digital Ally in welcoming fans back as safely as possible to major sports,” said Kurt Andrews, Director of Sports Medicine of Sporting KC. “We are taking all precautions possible for a safe return to live sports for fans, players, staff and all in attendance. Utilizing the ThermoVu™ technology will be a big part of our safety precautions.”“The pandemic has brought widespread attention to the importance of virus-fighting weapons such as our ThermoVu™ temperature-screening device,” said Stan Ross, CEO of Digital Ally, adding, “We’re proud to partner with such a great organization as Sporting Kansas City in bringing fans back safely to major sporting events.”Digital Ally recently launched two product lines in direct response to the increased safety precautions organizations and individuals are taking due to the COVID-19 pandemic. ThermoVu™ was launched as a non-contact temperature-measuring instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters. ThermoVu™ has optional features such as facial recognition to improve facility security by restricting access based on temperature and/or facial recognition reasons. ThermoVu™ provides an instant pass/fail audible tone with its temperature display and controls access to facilities based on such results. It can be widely applied in schools, office buildings, subway stations, airports and other public venues.About Sporting Kansas CitySporting Kansas City is owned by Sporting Club, an entity founded by a group of local business and community leaders comprised of the Patterson Family, Cliff Illig, Pat Curran, Greg Maday and Robb Heineman. Sporting prides itself on a commitment and vision to provide high-performance experiences. Sporting Club purchased the team from the Hunt Sports Group in 2006, and under its direction has opened Swope Soccer Village, Children's Mercy Park, Compass Minerals Sporting Fields and Compass Minerals National Performance Center while investing in the Sporting KC Academy and Sporting Kansas City II for developing local youth into homegrown talent. A charter member of Major League Soccer, Sporting are two-time MLS Cup champions (2000, 2013) and four-time winners of the Lamar Hunt U.S. Open Cup (2004, 2012, 2015, 2017).About Digital AllyDigital Ally®, headquartered in Lenexa, KS, specializes in the design and manufacturing of the highest quality video recording equipment and video analytic software. Digital Ally pushes the boundaries of technology in industries such as law enforcement, emergency management, fleet safety and security. Digital Ally’s complete product solutions include vehicle and body cameras, flexible software storage, automatic recording technology and various critical safety products. These products work seamlessly together and are simple to install and operate. In addition, Digital Ally recently launched two new product lines including a non-contact thermometer/controlled-entry device under the Company’s ThermoVu™ brand and an EPA Category IV disinfectant/sanitizer under the Company’s Shield™ brand. Digital Ally products are sold by domestic direct sales representatives and international distributors worldwide.For additional news and information please visit www.digitalallyinc.com or follow additional Digital Ally Inc. social media channels here:Facebook I Instagram I LinkedIn I TwitterContact Information Stanton Ross, CEO Tom Heckman, CFO Digital Ally, Inc 913-814-7774 info@digitalallyinc.comThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: whether the Company will be able to improve its revenue and operating results, especially in light of the adverse effects of the Covid-19 pandemic on its customers, suppliers and employees; whether the Company will effectively manage the disruptions to its supply chain and business activities caused by the Covid-19 pandemic; whether the partnership with Sporting Kansas City will result in a longer-term relationship that will increase the sale of the ThermoVu™ and other safety products distributed by the Company; whether Sporting Kansas City;s utilization of the ThermoVu™ will provide adequate safety measures for fans and athletes involved in the soccer match held at Children’s Mercy Park against the Houston Dynamo on August 25; whether the Company will be able to effectively market and distribute the Shield™ and ThermoVu™ product lines to its customers; whether the Company can acquire Shield™ and ThermoVu™ products in the quantities and on a timely basis to fulfill its customers’ orders; whether the Company will be able to distribute the Shield™ and ThermoVu™ products in a cost-effective, profitable manner; whether Shield™ products will be proven effective against the Covid-19 virus as claimed by its manufacturer; whether the ThermoVu™ product will perform as anticipated; whether the Company’s new products will meet applicable government regulations as promulgated; whether the Company will be able to adapt its technology and products to new and different uses, including being able to introduce new products; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters and whether the Company will be successful in its patent infringement litigation with Axon Enterprises, Inc. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company's disclosures. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", "projects", "should", or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended December 31, 2019, and its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2020 as filed with the Securities and Exchange Commission.