Pharma Investments, Ventures & Law Weekly
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Digital Ally, Inc.
Digital Ally Reports 470% Increase in Pretax Income and 250% Increase in Net Income for Second Quarter of 2008, as Revenue Rises 133% From Prior-Year Period
August 17th, 2008
Digital Ally, Inc. (NASDAQ:DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, announced higher sales and earnings for the second quarter and first half of 2008. An investor conference call is scheduled for 11:00 a.m. EDT today, July 30, 2008 (see details below). For the three months ended June 30, 2008, revenue approximated $8.9 million, which represented a 133% increase when compared with revenue of approximately $3.8 million in the three months ended June 30, 2007. Gross profits increased 122% to $5,429,532 (61.1% of revenue) in the...
Source: Pharma Investments, Ventures & Law Weekly (2008-08-17)
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