4 digits midday trade,trading in 4 digit midday stock
Digital Ally Stock, Inc. (DAS) reported fourth-quarter results on Thursday, reporting sales of $11.9 billion and net income of $2.6 billion, while net income was up 21 cents to $9.3 billion.
The company reported sales of 4.3 million digital devices in the quarter.
Digital Ally’s revenue came in at $11 billion.
DAS also reported a profit of $1.1 billion, which was up from $957 million a year earlier.
DAS also said its stock price was up 7.9% over the past year.
Digital Ally said its first-quarter revenue was $8.3 in the US and $13.9 in Canada, and that its third-quarter revenues were $1 billion and $2 billion in the United States and Canada.
“Digital Ally’s core digital business continues to grow,” DAS Chief Executive Officer Scott Johnson said in a statement.
“The strong digital platform has been a major driver of the Company’s financial results, with our total revenues up nearly 30% from the third quarter of 2017 to the fourth quarter of 2018.”
Digital ally shares were down 1.9%, or $2, on Thursday morning.