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[stock_peeker]

DGLY came out with some good quarterly earnings. News release is very positive, but I'm not sure how well we can expect it to do going forward.

Anybody have an opinion one way or the other on DGLY?

LENEXA, KS--(Marketwired - Jul 23, 2013) - Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced its operating results for the second quarter and first half of 2013. An investor conference call is scheduled for 2:15 p.m. EDT tomorrow, July 24, 2013 (see details below).
Second Quarter Highlights
Total revenue increased 10% to $5.1 million, compared with total revenue of $4.6 million in the second quarter of 2012.
Gross profit margin improved to 60.1% of revenue vs. 53.8% in prior-year period.
General and administrative expenses declined 6% from year-earlier levels.
The Company reported an operating loss of ($21,239), which represented an improvement of $854,291 when compared with an operating loss of ($875,530) in the second quarter of 2012.
The Company reduced its net loss by 93% to ($67,151), or ($0.03) per diluted share, compared with a year-earlier net loss of ($949,201), or ($0.47) per share.
Non-GAAP adjusted net income improved to $306,462, or $0.15 per diluted share, versus non-GAAP adjusted net income of $79,411, or $0.04 per diluted share, in the prior-year quarter.
The Company was notified in July 2013 that the U.S. Patent Office has allowed two patent applications for the Company's Digital Video Mirror ("DVM") product offerings and related transmitters that are used by law enforcement personnel in the field.
Six-Month Highlights
Total revenue increased 17% to $9.8 million, versus total revenue of $8.4 million in the first half of 2012.
Gross profit margin widened to 60.3% of revenue, compared with 53.3% in corresponding period of previous year.
General and administrative expenses were 10% lower than in prior-year period.
An operating profit of $160,178 compared with an operating loss of ($1,607,710) in the six months ended June 30, 2012.
Net income improved by $1.8 million to $46,544, or $0.02 per diluted share, in the first half of 2013, compared with a net loss of ($1,753,930), or ($0.87) per share, in the first half of 2012.
Non-GAAP adjusted net income improved to $700,014, or $0.33 per diluted share, versus a non-GAAP adjusted net loss of ($335,261), or ($0.17) per share, in the year-earlier period.

Full text at:
http://finance.yahoo.com/news/digital-ally-inc-announces-second-201500553.html