Digital Ally Q2 EPS $(1.74) Up From $(3.01) YoY, Sales $5.62M Down From $8.28M YoY
Portfolio Pulse from Benzinga Newsdesk
Digital Ally (NASDAQ:DGLY) reported Q2 earnings per share (EPS) of $(1.74), an improvement from $(3.01) YoY. However, sales decreased to $5.62M from $8.28M YoY.
August 19, 2024 | 7:40 am
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NEUTRAL IMPACT
Digital Ally reported Q2 EPS of $(1.74), an improvement from $(3.01) YoY, but sales decreased to $5.62M from $8.28M YoY.
While the EPS has improved significantly, the substantial drop in sales may concern investors. The mixed results could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100