Digital Ally (DGLY) Misses Q4 EPS by 22c; Updates on TASER Litigation

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Digital Ally, Inc. Announces 2015 Operating Results

March 7, 2016 2:14 PM EST

LENEXA, KS -- (Marketwired) -- 03/07/16 -- Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced its operating results for the quarter and full year ended December 31, 2015. An investor conference call is scheduled for 11:15 a.m. EST tomorrow, March 8, 2016 (see details below).

Highlights for Year Ended December 31, 2015

Total revenue increased by 15% to approximately $20.0 million in 2015, compared with approximately $17.4 million in the year ended December 31, 2014. Gross profit margin decreased to 42% of total revenue in 2015, compared with 57% in 2014.... More