Digital Ally (DGLY) Misses Q1 EPS by 11c

Digital Ally (NASDAQ: DGLY) reported Q1 EPS of ($0.34), $0.11 worse than the analyst estimate of ($0.23). Revenue for the quarter came in at $4.4 million versus the consensus estimate of $5.4 million.

The Company expects to continue to maintain a full valuation allowance on its deferred tax assets, including approximately $32.9 million of net operating loss carry forwards, until it determines that it can sustain a level of profitability that demonstrates its ability to realize such assets.

For earnings history and earnings-related data on Digital Ally (DGLY) click here.

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