DIGITAL ALLY, INC ANNOUNCES FIST QUARTER 2024 OPERATING RESULTS
LENEXA, Kansas, May 20, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the first quarter of 2024.
- LENEXA, Kansas, May 20, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the first quarter of 2024.
- The primary reason for the overall revenue decrease is a decrease of $1,223,646 (44%) in service revenues in the first quarter of 2024 compared to the first quarter of 2023 at the entertainment operating segment.
- Operating losses for the year ended three months ended March 31, 2024 and 2023 were $3,639,034 and $6,172,806, respectively, an improvement of $2,533,772 (41%).
- The Company will host an investor conference call at 11:15 a.m. EDT on Tuesday, May 21, 2024, to discuss its first quarter 2024 financial results, corporate and individual subsidiary outlook, and previously announced corporate separation.