Yahoo Finance Digital Ally First Quarter 2023 Earnings: EPS Beats Expectations, Revenues Lag
Digital Ally (NASDAQ:DGLY) First Quarter 2023 Results
Key Financial Results
Revenue: US$7.70m (down 25% from 1Q 2022).
Net loss: US$6.11m (loss narrowed by 7.5% from 1Q 2022).
US$2.22 loss per share (improved from US$2.59 loss in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Digital Ally EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates by 8.3%.
The company's shares are up 4.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Digital Ally has 3 warning signs (and 1 which is a bit concerning) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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