Digital Ally, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year 2021; Reconfirms 2022 Revenue Guidance
January 11, 2022 at 10:20 pm IST
Share
Digital Ally, Inc. announced that its total, unaudited revenues for 2021 are projected to exceed $11.0 million for the fourth quarter and $20.0 million for the fiscal year, surpassing previously issued guidance of $9.0 million and approximately $18.0 million in revenue for the fourth quarter and fiscal year 2021, respectively.
The Company also reaffirms its anticipated 2022 fiscal year revenues to be approximately $50.0 million.
Digital Ally, Inc., through its subsidiaries, is engaged in video solution technology, human and animal health protection products, healthcare revenue cycle management, ticket brokering and marketing, event production and jet chartering. Its Video Solutions segment produces digital video imaging, storage products, disinfectant and related safety products for use in law enforcement, security and commercial applications. This segment includes both service and product revenues through its subscription models offering cloud and warranty solutions, and hardware sales for video and health safety solutions. Its Revenue Cycle Management segment provides working capital and back-office services to healthcare organizations throughout the country, as a monthly service fee. Its Entertainment segment acts as an intermediary between ticket buyers and sellers within its secondary ticketing platform, ticketsmarter.com, and acquires tickets from primary sellers to then sell through various platforms.