DGLY Earnings

DGLY reported its earnings on 2024-08-19, showcasing a revenue of 0.00 against an estimate of 0.00, resulting in a 0% surprise. The EPS was 0, surpassing the expected 0 by 0% . The stock experienced a 4.59% price change on the earnings day and a 2.75% change over the next five days, reflecting market reactions to the results.

Following DGLY's earnings announcement on 2024-08-19, the stock price moved by 4.59% on the day of the release. Over the subsequent five days, it saw a 2.75% change. Historically, DGLY's stock price tends to shift by an average of -4.60% in the 10 days leading up to earnings and -4.11% in the 10 days following, providing insight into potential market.

For 2025/Q3, analysts estimate DGLY’s annual revenue to reach 4.00M, while the EPS is projected at -2.00. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by 0% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between DGLY's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2025 were No Change by 0%, while EPS estimates moved No Change by 0% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, DGLY's stock price typically moves by -4.60% in the 10 days before its earnings and -4.11% in the 10 days after. For the upcoming 2025/Q3 earnings, analysts expect an EPS of -2.00 and revenue of 4.00M.

The merger with Clover Leaf Group and the planned dividends are positive, but the financial performance shows a net loss of $5 million and increased liabilities, indicating financial instability. The Q&A section revealed unclear management responses, especially regarding shares outstanding, causing concern. The overall uncertainty around the merger's approval and potential operational risks further contribute to a negative sentiment. Despite some positive aspects like deferred revenue growth, the financial health and lack of clarity in management's communication are likely to lead to a negative stock price reaction.