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Digital Ally Inc. - DGLY STOCK NEWS

Welcome to our dedicated news page for Digital Ally (Ticker: DGLY), a resource for investors and traders seeking the latest updates and insights on Digital Ally.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Digital Ally's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Digital Ally's position in the market.

News
Digital Ally Announces Multi-Year Agreement with the Kansas City Chiefs
Rhea-AI Summary
Digital Ally, Inc. (NASDAQ: DGLY) signs a multi-year agreement with the Kansas City Chiefs to deploy FirstVu PRO body cameras and QuickVu docking stations at Arrowhead Stadium. The partnership aims to enhance safety and security for staff and attendees during events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.49%
Tags
none
-
News
DIGITAL ALLY, INC ANNOUNCES 2023 OPERATING RESULTS
Rhea-AI Summary
Digital Ally, Inc. (DGLY) reported a significant increase in gross profits for fiscal year 2023, but saw a decrease in total revenues. The company focused on improving margins, new product offerings, and expanding its video solutions segment. Additionally, acquisitions in the healthcare sector enhanced revenue cycle management. Recent developments include a planned merger with Clover Leaf Capital Corp. and strategic asset purchases. Despite positive financial aspects, the company faces challenges with decreased revenues and potential delisting from Nasdaq due to non-compliance with listing requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.62%
Tags
earnings
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News
KUSTOM ENTERTAINMENT LAUNCHES KUSTOM TICKETS PLATFORM
Rhea-AI Summary
Digital Ally, Inc. (NASDAQ: DGLY) subsidiary, Kustom Entertainment, launches Kustom Tickets, a user-friendly online ticketing platform with transparent pricing. The platform offers a seamless ticket-buying experience for various events, aligning with the growing demand for efficient ticketing solutions in the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.8%
Tags
none
News
Digital Ally Announces Notable Contract with The Parking Spot
Rhea-AI Summary
Digital Ally, Inc. (DGLY) announces a significant order for 405 EVO Fleets by The Parking Spot, a leading near-airport parking company in the U.S. The order highlights the growing demand for Digital Ally's Commercial Fleet ecosystem, including the FirstVu Pro body camera and FleetVu™ Manager cloud storage platform. The EVO Fleet system integrates telematics technology with GPS tracking and artificial intelligence to enhance driver safety and fleet management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.52%
Tags
none
-
News
KUSTOM ENTERTAINMENT ACQUIRES PRESTIGIOUS COUNTRY STAMPEDE MUSIC FESTIVAL
Rhea-AI Summary
Digital Ally, Inc. (NASDAQ: DGLY) subsidiary, Kustom Entertainment, acquires Country Stampede Music Festival, enhancing its presence in the entertainment industry. The festival, known for hosting top country music artists, has won prestigious awards and attracted a large following.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
acquisition
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News
Digital Ally Announces University Security Order
Rhea-AI Summary
Digital Ally, Inc. (NASDAQ: DGLY) announced a significant order from Kansas State University for multiple FirstVu Pro body-worn cameras, EVO-HD in-car systems, and QuickVu docking stations. This order reflects the growing demand for Digital Ally's video solutions technology outside of traditional law enforcement applications, particularly in the education sector. The company's commitment to innovation and a world-class video solutions ecosystem is evident through recent law enforcement orders, patents, and the addition of the InterVu Room solution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.9%
Tags
none
News
Digital Ally Concludes 2023 With Over 110 New Subscription Customers During the Year
Rhea-AI Summary
Digital Ally, Inc. (NASDAQ: DGLY) announced over 110 new subscription contracts in 2023, bringing the total to over 300 since the adoption of this model in mid-2020. The switch to a subscription program model has proven to be a great success, surpassing $10 million in deferred revenues. The company continues to display strong demand for its FirstVu Pro body-worn cameras and EVO-HD in-car video solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.84%
Tags
none
-
News
Digital Ally Announces Deferred Revenue Surpasses $10 Million Mark
Rhea-AI Summary
Digital Ally, Inc. (NASDAQ: DGLY) sees strong demand for its FirstVu Pro body-worn cameras and EVO-HD in-car video solution. The company's deferred revenue balance exceeds $10 million for the first time, following the success of its subscription program model. With nearly 300 customers utilizing the subscription plans, the company aims to continue growing its market share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.91%
Tags
none
-
News
Kustom Entertainment Inc. and Clover Leaf Capital Corp. Amend the Lock-Up Agreement in their Proposed Business Combination
Rhea-AI Summary
Digital Ally, Inc. (Nasdaq: DGLY) and Clover Leaf Capital Corp. (Nasdaq: CLOE) have announced an amendment to the Lock-Up Agreement in connection with the proposed business combination between CLOE and Kustom Entertainment, a wholly-owned subsidiary of Digital Ally. The Amended Lock-Up Agreement increases the immediate distribution to shareholders from 15% to 20% of all securities received as merger consideration at closing, providing a greater immediate value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.35%
Tags
none
News
KUSTOM ENTERTAINMENT NAMES ERIK DAHL CHIEF FINANCIAL OFFICER
Rhea-AI Summary
Digital Ally, Inc. (NASDAQ: DGLY) announces the appointment of Erik Dahl as the new Chief Financial Officer of its subsidiary, Kustom Entertainment, Inc. The company is also progressing towards a merger with Clover Leaf Capital Corp. with an equity value of $125 million, expected to provide approximately $14 million in gross proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.19%
Tags
none
Stock DGLY logo
Digital Ally Inc.

Nasdaq:DGLY

DGLY Rankings

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DGLY Stock Data

5.94M
2.54M
7.55%
4.19%
5.28%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
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About DGLY

digital ally is a leading provider of advanced mobile video systems, including fleet video event data recorders, law enforcement in-car and other vehicular video systems, and wearable video systems, as well as advanced lidar speed enforcement systems. the u.s. military and thousands of companies, law enforcement and other governmental entities in all 50 states and around the world use digital ally systems. digital ally’s popular digital video mirror (dvm series) digital in-car video systems are integrated into a ruggedized rear-view mirror to maximize space and operation efficiency. the firstvu hd body-worn or mounted evidentiary-grade video systems provide even great compact versatility, and the laser ally lidar speed guns are considered by many officers to be the most advanced, convenient and comfortable handheld system ever developed.