Digital Ally Inc. - DGLY Message Board

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Technology Stocks : Digital Ally Inc. - DGLY

DGLY 1.610

-1.8%

Nov 7 9:30 AM EST

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To: caly who wrote (209)	1/13/2009 9:08:32 AM
From: David Alan Cook	of 554

Digital Ally Inc. Provides Earnings Guidance for the Year Ended December 31, 2008 and Full Year 2009 09:04 a.m. 01/13/2009 Provided By CapIQ Digital Ally Inc. (DGLY) provided earnings guidance for the year ended December 31, 2008 and full year 2009. The company announced that, on a preliminary unaudited basis, its revenues for the year ended December 31, 2008 increased over 65% to approximately $32.5 million, compared with revenues of $19.4 million in 2007. The Company expects to report record earnings in 2008, exclusive of non-recurring income tax benefits recorded in 2007, although fourth quarter profitability will be significantly impacted by research and development expenses related to a number of new products to be introduced in coming months. The Company also provided revenue guidance for the year 2009. The company expects 2009 revenues to exceed $50.0 million, for an increase of more than 50% from last year's levels.

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