Digital Ally (DGLY) Lower After-Hours Ahead of Q1 Report
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Digital Ally (DGLY) Reports Wider Q1 Loss of 45/Share
May 14, 2015 9:00 AM EDTDigital Ally (NASDAQ: DGLY) reported Q1 EPS of ($0.45), versus ($0.13) reported last year. Revenue for the quarter came in at $4.2 million, versus $3.9 million reported last year.
The Company reiterated its previous guidance that full-year 2015 total revenue is expected to approximate $25 million, compared with total revenue of $17.4 million in 2014.
While our first quarter revenue exceeded prior-year levels by 9%, we believe the increase would have been significantly greater if certain suppliers had been able to deliver long lead time components on a timely basis," stated Stanton E. Ross, Chief Executive Officer of Digital... More
