Digi

Digi International, Inc. engages in the provision of business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions. It operates under the IoT Products and Services and IoT Solutions segments. The IoT Products and Services segment offers products and services that help original equipment manufacturers, enterprise, and government customers and secure IoT connectivity solutions. The IoT Solutions segment includes managed network-as –a-service business via acquisition of Ventus Wireless, LLC, and affiliated entities and SmartSense by Digi business. The company was founded in 1985 and is headquartered in Hopkins, MN.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Digi International achieves record revenues amidst supply chain challenges

Digi (DGII) sets new records but faces supply chain challenges. Optimistic about cash flow and customer experience enhancements.

Digi International reports ninth record quarter, addresses supply chain challenges

Digi International continues its growth trajectory with a focus on recurring revenue and addressing supply chain challenges. Despite short-term constraints, the company remains confident in its demand outlook and strategic positioning in the IoT market.

Digi achieves 10th record revenue quarter, eyes clean tech growth

Digi International Inc. reports strong Q3 performance with record revenue and progress towards $100 million in ARR. The company's focus on connectivity, hardware-enabled acquisitions, and clean tech markets positions it well for future growth despite challenges in supply chain and seasonality.

Digi International excels in Q4 2023, eyes IoT growth

Digi International's Q4 2023 showcased strong financial performance and strategic initiatives.
While facing short-term challenges, the company is optimistic about long-term growth prospects.
Focus on recurring revenue models and supply chain improvements are key priorities.
Strategic sales approach and market positioning bode well for future success.

Digi exceeds revenue milestone, targets $200M ARR in 5 years

Digi International Inc. demonstrated strong performance in Q1 2024 with notable ARR growth and improved cash flow generation.
While facing challenges such as pricing pressures and market dynamics, the company is strategically positioned to leverage opportunities in the industrial IoT sector.
By focusing on innovation, customer service, and a solution-oriented approach, Digi aims to achieve ambitious growth targets and enhance long-term value for stakeholders.

Digi reports record revenue and profitability, eyes $200M ARR goal

Digi's Q2 2024 performance showcased robust financial metrics and strategic advancements, positioning the company for sustained growth.
While facing challenges from cautious customers and softened top-line expectations, Digi remains focused on achieving key financial targets and driving innovation.
The industrial IoT market's promising outlook offers Digi opportunities to capitalize on its strengths and navigate challenges effectively.

Digi reports record ARR, focuses on debt reduction for growth

Digi's Q3 2024 performance reflects robust growth in ARR, bolstering margins and financial health.
The company's strategic strengths lie in debt reduction, meeting targets, and acquiring high-potential IoT firms.
While facing challenges in software attach rates and debt management, Digi is poised to seize IoT opportunities and enhance offerings.

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Digi International, Inc. engages in providing internet of things (IoT) sensing as a service solution. It operates through the IoT Products and Services, and IoT Solutions segments. The IoT Products and Services segment offers products and services that help original equipment manufacturers, enterprise, and government customers. The IoT Solutions segment includes managed network–as–a service business via acquisition of Ventus Wireless, LLC, and affiliated entities. The company was founded in 1985 and is headquartered in Hopkins, MN.

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Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are ATI, SMCI, CEIX, ARLP and DGII.

5 Stocks With Recent Price Strength Amid a Volatile Market

Does Digi International (DGII) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Digi International (DGII) is a Great Momentum Stock to Buy

Digi International (DGII) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Recent Price Trend in Digi International (DGII) is Your Friend, Here's Why

BOSTON--(BUSINESS WIRE)--SmartSense by Digi Introduces Healthcare Advisory Board to Empower Customers, Enhance IoT Solutions

SmartSense by Digi Introduces Healthcare Advisory Board to Empower Customers, Enhance IoT Solutions

Digi International Inc. (NASDAQ:DGII ) Q3 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Participants Ron Konezny - President and Chief Executive Officer Jamie Loch - Chief Financial Officer Conference Call Participants Harsh Kumar - Piper Sandler Tommy Moll - Stephens Mike Walkley - Canaccord Genuity Anthony Stoss - Craig-Hallum Scott Searle - ROTH Capital Partners Operator Hello. Thank you for standing by and welcome to the Fiscal Third Quarter 2022 Digi International Earnings Conference Call.

Digi International Inc. (DGII) CEO Ron Konezny on Q3 2022 Results - Earnings Call Transcript

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its third fiscal quarter ended June 30, 2022. Third Fiscal Quarter 2022 Results Compared to Third Fiscal Quarter 2021 Results1 Revenue was $104 million, an increase of 31%. Gross profit margin was 55.5% versus 53.8%. Gross profit margin excluding amortization was 56

Digi International Reports Third Fiscal Quarter 2022 results

Digi International (DGII) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Digi International (DGII) Should Keep going

Digi International (DGII) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Digi International (DGII) Soars 5.1%: Is Further Upside Left in the Stock?

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII), will release its financial results in a new format with a shareholder letter for the third fiscal quarter on Thursday, August 4, 2022, before market open, at approximately 8:00 a.m. ET. Ron Konezny, CEO, and Jamie Loch, CFO, will host a conference call later that morning, at 10:00 a.m. ET, to briefly discuss the results and will take questions and provide answers. Please click here to pre-register for the conference call

Digi International to Release Third Fiscal Quarter 2022 Earnings Results and Host Conference Call on August 4, 2022

MINNETONKA, Minn.--(BUSINESS WIRE)--Unveiling Digi XBee® LR, the first XBee-class pre-integrated and pre-certified wireless communication module for sensors and end-nodes using LoRaWAN.

Digi International Unveils Digi XBee LR Module for LoRaWAN Connectivity for IoT Deployments

EDISON, N.J.--(BUSINESS WIRE)--Opengear Research Finds 90% of CIOs Involved in Digital Transformation Decision-Making - But Only 13% of Network Engineers Involved

Opengear Research Finds 90% of CIOs Involved in Digital Transformation Decision-Making - But Only 13% of Network Engineers Involved

HOPKINS, Minn.--(BUSINESS WIRE)--Digi extended its IoT solution portfolio with the unveiling of its new Digi ConnectCore® MP1 family of system-on-modules (SOMs).

New Digi ConnectCore MP1 Family of System-On-Modules Extends Digi's IoT Solutions for Medical, Transportation and Industrial Sectors

HOPKINS, Minn.--(BUSINESS WIRE)--Digi unveils its ConnectCore® Voice Control, an advanced voice-control software solution for its acclaimed ConnectCore family of system-on-modules.

Digi Unveils Digi ConnectCore Voice Control Software for ConnectCore SOMs

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International Joins STMicroelectronics Partner Program to Provide System-on-Module Solutions to Industrial, Medical and Transportation Markets.

Digi International Joins STMicroelectronics Partner Program to Provide System-on-Module Solutions to Industrial, Medical and Transportation Markets

NUREMBERG, Germany--(BUSINESS WIRE)--Digi International to Showcase New Solutions to Accelerate Time-to-Market for Remote Asset Monitoring and Control at Embedded World 2022

Digi International to Showcase New Solutions to Accelerate Time-to-Market for Remote Asset Monitoring and Control at Embedded World 2022

EDISON, N.J.--(BUSINESS WIRE)--Opengear Research Highlights That More Than Half of CIOs and Network Engineers Cite Cybersecurity as a Top Risk in Digital Transformation

More Than Half of CIOs and Network Engineers Cite Cybersecurity as Top Risk in Digital Transformation

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International Introduces Digi XBee Intelligent Edge Controller (lEC) Solution for Industrial Remote Asset Monitoring and Control.

Digi International Introduces Digi XBee Intelligent Edge Controller (lEC) Solution for Industrial Remote Asset Monitoring and Control

HOPKINS, Minn.--(BUSINESS WIRE)--Digi unveils its IX30 cellular router solution for harsh environments, providing edge intelligence in a ruggedized, industry-leading design.

Digi International Introduces Digi IX30 Cellular Router Solution for Harsh Environments and Industry 4.0 Adoption

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International 2021 Channel Awards Honors IoT Products and Services' Distributor and Channel Partners for Excellence

Digi International 2021 Channel Awards Honors IoT Products and Services' Distributor and Channel Partners for Excellence

Digi International Inc. (NASDAQ:DGII ) Q2 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Representatives Ron Konezny - President, Chief Executive Officer James Loch - Senior Vice President, Chief Financial Officer Conference Call Participants Sam Sheldon - Punch & Associates Operator Good day! And thank you for standing by.

Digi International Inc. (DGII) CEO Ron Konezny on Q2 2022 Results - Earnings Call Transcript

Digi International (DGII) delivered earnings and revenue surprises of 17.14% and 5.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Digi International (DGII) Tops Q2 Earnings and Revenue Estimates

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its second fiscal quarter ended March 31, 2022. Second Fiscal Quarter 2022 Results Compared to Second Fiscal Quarter 2021 Results1 Revenue was $95 million, an increase of 23%. Gross margin was 54.9% versus 52.3%. Gross margin excluding amortization was 56.3% compare

Digi International Reports Second Fiscal Quarter 2022 Results

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International announces the 2022 Green Tech Customer Innovation Award winners, recognizing the best green tech innovations.

Digi International Announces 2022 Green Tech Customer Innovation Award Winners

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII), a leading global provider of mission-critical Internet of Things (IoT) products, services and solutions, will release its financial results for the second fiscal quarter on Wednesday, May 4, 2022, after market close, at approximately 4:00 p.m. ET. Ron Konezny, CEO, and Jamie Loch, CFO, will host a conference call later the same day, at 5:00 p.m. ET, to discuss the results and provide a business update. Participants may ac

Digi International to Release Second Fiscal Quarter 2022 Earnings Results and Host Conference Call on May 4, 2022

BOSTON--(BUSINESS WIRE)--Giant Eagle Extends Its Leadership in Food Safety with Adoption of SmartSense IoT Framework Across all Supermarkets.

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