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Digital Ally, Inc. - DGLY STOCK NEWS

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) is a prominent provider of advanced mobile video systems, serving a diverse range of markets including law enforcement, commercial fleets, and security applications. The company is known for its innovative product lines such as the Digital Video Mirror (DVM Series), which integrates digital in-car video systems into a ruggedized rear-view mirror, optimizing space and functionality in police vehicles and commercial fleets.

Additionally, Digital Ally offers the FirstVu HD, a body-worn or mounted evidentiary-grade video system designed for versatile and compact use. Another notable product is the Laser Ally Lidar speed enforcement system, renowned for its advanced, user-friendly, and ergonomic design.

The company's products are extensively utilized by the U.S. military, law enforcement agencies, and various governmental entities across all 50 states and globally. Digital Ally’s technology integrates electronic, radio, computer, and multi-media technologies to provide comprehensive solutions addressing the needs of mass transit systems, school buses, taxicabs, and military operations.

Digital Ally operates in several segments, including Video Solutions, Revenue Cycle Management, and Entertainment. The company sells its products directly to end-users and through third-party distributors, ensuring a wide market reach both domestically and internationally.

Recent achievements and projects include ongoing enhancements to their core product lines and expanding their market presence through strategic partnerships. The company remains at the forefront of developing and deploying cutting-edge video imaging and storage solutions that meet the complex demands of modern security and law enforcement environments.

News

KUSTOM ENTERTAINMENT LAUNCHES KUSTOM TICKETS PLATFORM

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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.
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Digital Ally Announces Notable Contract with The Parking Spot

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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.
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KUSTOM ENTERTAINMENT ACQUIRES PRESTIGIOUS COUNTRY STAMPEDE MUSIC FESTIVAL

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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.
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Digital Ally Announces University Security Order

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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.
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Digital Ally Concludes 2023 With Over 110 New Subscription Customers During the Year

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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.
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Digital Ally Announces Deferred Revenue Surpasses $10 Million Mark

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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.
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Kustom Entertainment Inc. and Clover Leaf Capital Corp. Amend the Lock-Up Agreement in their Proposed Business Combination

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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.
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KUSTOM ENTERTAINMENT NAMES ERIK DAHL CHIEF FINANCIAL OFFICER

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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.
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Digital Ally Announces First Ever Attendance at MJBizCon Las Vegas

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Digital Ally, Inc. (DGLY) aims to expand and diversify its commercial video solution division at the 12th annual MJBizCon, the #1 global cannabis business conference and tradeshow, showcasing over 1,400 exhibitors with more than 30,000 attendees expected from around the globe. The Company plans to showcase its next generation EVO Fleet and FirstVu body-worn cameras at the conference, aiming to provide video solutions to protect companies in the cannabis industry from internal theft, external theft, and general asset protection.
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DIGITAL ALLY, INC ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS

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Digital Ally, Inc. (Nasdaq: DGLY) announced its Q3 2023 results, revealing a decrease in total revenues but an increase in gross profits. The company's Entertainment Segment and Revenue Cycle Management Operating Segment experienced declines in product and service revenues, respectively. On the positive side, the company's recent acquisitions and focus on right-sizing segments are expected to lead to improved margins and profitability. However, the decrease in overall revenues and service revenues is a concern.
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FAQ

What is the current stock price of Digital Ally (DGLY)?

The current stock price of Digital Ally (DGLY) is $0.525 as of December 24, 2024.

What is the market cap of Digital Ally (DGLY)?

The market cap of Digital Ally (DGLY) is approximately 2.6M.

What does Digital Ally, Inc. specialize in?

Digital Ally specializes in advanced mobile video systems, including in-car and wearable video systems for law enforcement, commercial fleets, and security applications.

What are some key products of Digital Ally, Inc.?

Key products include the Digital Video Mirror (DVM Series), FirstVu HD body-worn video systems, and the Laser Ally Lidar speed enforcement system.

Who uses Digital Ally’s systems?

Digital Ally's systems are used by the U.S. military, law enforcement agencies, and various governmental entities in all 50 states and around the world.

How does Digital Ally distribute its products?

The company sells its products directly to law enforcement and commercial entities, as well as through third-party distributors both domestically and internationally.

What market segments does Digital Ally operate in?

Digital Ally operates in Video Solutions, Revenue Cycle Management, and Entertainment.

What makes the Laser Ally Lidar speed gun stand out?

The Laser Ally Lidar speed gun is known for being one of the most advanced, convenient, and comfortable handheld speed enforcement systems available.

Where can I find more information about Digital Ally’s latest news?

For the latest news and updates, you can follow Digital Ally on Facebook, Instagram, LinkedIn, and Twitter.

Who are the key executives at Digital Ally?

Key executives include Brody Green (President), Stanton Ross (CEO), and Tom Heckman (CFO).

What industries benefit from Digital Ally’s technology?

Industries benefiting from Digital Ally's technology include law enforcement, security, mass transit, school transportation, and commercial fleets.

How can I contact Digital Ally for more information?

You can contact Digital Ally at 913-814-7774 or via email at info@digitalallyinc.com.

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Digital Ally, Inc.

Nasdaq:DGLY

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DGLY Stock Data

2.56M
4.60M
5.9%
3.01%
6.18%
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