Education
About Us
Working with TipRanks
Follow Us
Digital Ally (DGLY)
NASDAQ:DGLY
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-34.8Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 21, 2025
|% Change Since: -30.56%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant improvements in profitability, cost management, and strategic initiatives, offset by revenue decline and necessary reverse stock splits for NASDAQ compliance. Overall, the company demonstrated a strong turnaround with a positive outlook for future growth, particularly in the Entertainment segment.Company Guidance
During the Digital Ally First Quarter Earnings Call, the company provided key financial metrics and insights into its recent performance and strategic direction. For the first quarter of 2025, which ended on March 31, the company's year-over-year revenues decreased by over $1 million, or 19%, largely due to a decline in video product sales. However, the company reported a firm backlog of over $2 million, which is expected to bolster future revenues. Despite the revenue drop, gross margin dollars improved by $78,000, or 5%, with the overall gross margin percentage rising to 36% from 28% the previous year. Significant cost reductions were achieved, with SG&A expenses reduced by $2.6 million, marking a 72% improvement. The operating loss improved to nearly $1 million from $3.6 million the prior year, a 73% improvement. Non-operating income gains included $1.250 million from debt extinguishment, $2.2 million from liabilities extinguishment, and a $2.5 million gain from warrant derivative value changes. The company reported a net income of $4.2 million, or $1.41 per share, compared to a $3.9 million loss, or $27.48 per share, in the previous year—a turnaround of over $8 million. The balance sheet showed a strong liquidity position following a $14 million public offering, with cash increasing to $3.8 million from $400,000 at the end of 2024. Working capital improved to a positive $3.4 million from a deficit of $19.4 million. The company also addressed NASDAQ compliance issues, having resolved equity and filing non-compliances and working towards resolving the $1 minimum bid price requirement. The call highlighted the company's strategic focus on its core businesses, including video solutions and custom entertainment, and the anticipation of upcoming events like the Country Stampede.Increased Gross Margin
Gross margin dollars improved by $78,000, or 5%, with the overall gross margin percentage increasing from 28% to 36% year-over-year.
Significant SG&A Reduction
SG&A expenses decreased by $2.6 million, or 72%, from $3.6 million to less than $1 million, showing a focus on cost efficiencies.
Positive Net Income
Net income was $4.2 million, or $1.41 per share, compared to a $3.9 million loss in the previous year, indicating an $8 million turnaround.
Improved Balance Sheet
Working capital improved to $3.4 million from a deficit of $19.4 million, and equity increased to $11.6 million from a negative $9 million.
Successful Debt and Liability Reduction
Debt reduced by over $5.1 million, and a $2.2 million gain from extinguishment of liabilities was achieved.
NASDAQ Compliance Progress
The company regained compliance with NASDAQ's equity and filing requirements and is on track to meet the minimum bid price requirement.
Entertainment Segment Expansion
Country Stampede secured 2026 headliners, marking the first time since acquisition that next year's headliners are announced at the current event.
DGLY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DGLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2025 | $3.60 | $3.00 | -16.67% |
Apr 07, 2025 | $70.00 | $64.00 | -8.57% |
Nov 13, 2024 | $1505.00 | $1440.00 | -4.32% |
Aug 16, 2024 | $2940.00 | $2180.00 | -25.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Digital Ally (DGLY) report earnings?
Digital Ally (DGLY) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Digital Ally (DGLY) earnings time?
Digital Ally (DGLY) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DGLY EPS forecast?
Currently, no data Available