Welcome to our dedicated page for Digital Ally news (Ticker: DGLY), a resource for investors and traders seeking the latest updates and insights on Digital Ally stock.
Digital Ally Inc (DGLY) delivers innovative video technology solutions for public safety and commercial security needs. This news hub provides investors and industry professionals with essential updates about the company’s advancements in digital imaging systems, operational developments, and strategic initiatives.
Access real-time updates including earnings announcements, product launches, and regulatory filings. Our curated collection features official press releases alongside third-party analysis of DGLY’s mobile video solutions for law enforcement and commercial fleets.
Key content categories include product innovation updates on body-worn cameras and in-vehicle systems, financial performance reports, and strategic partnership announcements. Discover how DGLY’s integrated technologies address evolving needs in evidence capture and fleet management.
Bookmark this page for streamlined access to verified DGLY developments. Combine our news feed with SEC filings and market analysis tools for comprehensive investment research.
Digital Ally (NASDAQ: DGLY) reported over $1 million in new subscription orders for August 2022, driven by a flexible payment program initiated in June 2020. This program addresses funding challenges for law enforcement agencies, allowing them to acquire critical video evidence technology with minimal upfront costs. The demand coincides with the release of the FirstVu PRO body camera, designed to enhance safety and efficiency for officers. The company is also introducing grant assistance for agencies seeking funding for video technology.
Digital Ally (NASDAQ: DGLY) announced that its subsidiary, TicketSmarter, will continue as the presenting sponsor for the Enjoy Illinois 300 NASCAR Cup Series race on June 4, 2023, at World Wide Technology Raceway. This renewal reinforces the company's commitment to enhancing visibility and engagement with NASCAR's substantial fanbase. The inaugural event in 2022 achieved a sold-out success, marking WWTR as a premier motorsports venue. Since acquiring WWTR in 2011, the ownership has pledged $100 million for facility growth and improvement by 2025.
Digital Ally (NASDAQ: DGLY) announces its subsidiary, TicketSmarter, is supporting over 300 colleges and 35 conferences as fall sports resume. TicketSmarter aims to enhance community engagement by providing a secure platform for buying and reselling tickets to various events, including college sports and performing arts. New this year, they will be the primary ticketing partner for the HBCU Pigskin Showdown. TicketSmarter also collaborates with ESPN Events for collegiate sporting events, promoting access to live events and partnering with charities.
Digital Ally (NASDAQ: DGLY) announced significant partnerships for its subsidiary TicketSmarter with major motorsports venues in Texas and Illinois. These partnerships include being the presenting sponsor of the Enjoy Illinois 300 NASCAR Cup Series and the primary ticketing partner for both Texas Motorplex and Houston Raceway Park. TicketSmarter's involvement is expected to enhance visibility and offer marketing benefits, potentially translating into financial growth for the company.
Digital Ally reported a remarkable 275% revenue increase for Q2 2022, totaling $9.35 million, up from $2.49 million in Q2 2021. This growth is driven by significant revenue from recent acquisitions and a surge in service revenues. Despite these gains, the company faced a 116% rise in operating expenses due to integration costs. The net loss narrowed to $1.07 million, or $0.02 per share, compared to a $5.38 million loss in the prior year. The firm anticipates continued positive trends stemming from its TicketSmarter and Nobility Healthcare acquisitions.
Digital Ally (NASDAQ: DGLY) announced that its Shield Cleansers #30 IndyCar will feature a co-branded design with the popular band O.A.R. during the Music City Grand Prix on August 7, 2022. This partnership also promotes its new subsidiary, Kustom440 Inc., which aims to deliver unique live experiences. The weekend will include a concert by O.A.R. at the Ascend Amphitheater, further connecting the brand with music. Digital Ally's strategy includes diversifying offerings through subsidiaries, enhancing market presence and synergies, particularly in event production and ticket brokering.
Digital Ally (NASDAQ: DGLY) has announced that its subsidiary TicketSmarter has become the official ticket partner of the Professional Fighters League (PFL), the second-largest MMA organization globally. This partnership aims to enhance the ticketing experience for PFL fans, granting TicketSmarter exclusive marketing rights. CEO Stan Ross emphasized the financial growth opportunities this collaboration presents, while PFL CEO Peter Murray highlighted the importance of partnering with innovative companies. The agreement aligns with PFL's unique sports-season format in MMA.
Digital Ally (NASDAQ: DGLY) has secured an order for 176 FirstVu Pro body cameras from the Kansas Department of Wildlife and Parks for statewide deployment. This initiative aims to enhance officer safety and community security. CEO Stan Ross emphasized the innovative features of the FirstVu Pro, which are crucial for law enforcement. Digital Ally is engaged in video solution technology and other safety products, continuously seeking organizations that exhibit growth potential and innovation.
Digital Ally (NASDAQ: DGLY) announces three new patents that enhance its evidence capture and safety technology for law enforcement and commercial fleets. The patents include:
- Patent #11,244,570: Tracking system for fleet drivers.
- Patent #11,290,693: Automatic video recording system.
- Patent #11,310,399: Portable video and imaging system.
CEO Stan Ross emphasized their commitment to innovation, aiming to improve safety and security.
Digital Ally, Inc. (NASDAQ: DGLY) has announced an expansion of its partnership with the Wyandotte County Sheriff’s Office in Kansas. The Sheriff’s Office has ordered 23 additional FirstVu Pro body-worn cameras and 23 EVO HD systems under a 5-year subscription plan. This purchase reinforces the Sheriff's commitment to enhancing safety through innovative technology. Digital Ally continues to support law enforcement with critical video solutions and emphasizes the importance of collaboration with its clients.
FAQ
What is the current stock price of Digital Ally (DGLY)?
What is the market cap of Digital Ally (DGLY)?
