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 Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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

Earnings data Q1 2025

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.

Digi reports record ARR and aims for debt-free status

Digi International Inc. delivered strong financial performance in Q4 2024, focusing on ARR growth and cost optimization. Despite challenges like potential tariffs and flat revenue expectations, the company is well-positioned for growth and aims to strengthen its market leadership.

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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.

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.

Giant Eagle Extends Its Leadership in Food Safety With Adoption of SmartSense IoT Framework Across All Supermarkets

HOPKINS, Minn.--(BUSINESS WIRE)--Complete, rapid roll-out solutions for traffic management from AT&T and Digi now available via NASPO.

Complete, Rapid Roll-out Solutions for Traffic Management from AT&T and Digi Now Available via NASPO

Digi International Inc. (DGII) CEO Ronald Konezny On Q1 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 first fiscal quarter ended December 31, 2021. First Fiscal Quarter 2022 Results Compared to First Fiscal Quarter 2021 Results Revenue increased to $84.3 million, an increase of 15%. Gross margin was 56.8% versus 56.1%. Gross margin excluding amortization was 58.

Digi International Reports First Fiscal Quarter 2022 Results

BOSTON--(BUSINESS WIRE)--Guy Yehiav appointed President of SmartSense by Digi bringing world-class track record to leading global provider.

Digi Names Guy Yehiav President of SmartSense by Digi

HOPKINS, Minn.--(BUSINESS WIRE)--Digi launches the 450 MHz version of its IX20 cellular router for utilities and critical infrastructure applications and joins the 450 MHz Alliance.

Digi International Announces Digi IX20 Cellular Router for 450 MHz, Joins 450 MHz Alliance

Digi International (DGII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Digi International (DGII) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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 first fiscal quarter on Wednesday, February 2nd, 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

Digi International to Release First Fiscal Quarter 2022 Earnings Results and Host Conference Call on February 2nd, 2022

HOPKINS, Minn.--(BUSINESS WIRE)--Digi announces the launch of Connect EZ®, providing connectivity for business, commercial, and industrial automation applications.

Digi International Unveils Connect EZ Family of Device Servers

HOPKINS, Minn.--(BUSINESS WIRE)--Digi named a CES® 2022 Innovation Awards Honoree in the Smart Cities category for its TX64 5G/LTE-Advanced Cellular Router.

Digi International Named as CES 2022 Innovation Awards Honoree

MUNICH--(BUSINESS WIRE)--Digi announces it has appointed ISMOsys its pan-European sales representative covering the DACH region, Nordics, Italy, France, and the U.K.

Digi International Selects ISMOsys as its Pan-EMEA Sales Representative for Digi ConnectCore and Digi XBee as Well as OEM Product Portfolios

Digi International Inc. (DGII) CEO Ronald Konezny on Q4 2021 Results - Earnings Call Transcript

Digi International (DGII) delivered earnings and revenue surprises of 62.50% and 1.83%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Digi International (DGII) Q4 Earnings and Revenues Top 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 fourth fiscal quarter ended September 30, 2021. Fourth Fiscal Quarter 2021 Results Compared to Fourth Fiscal Quarter 2020 Results Revenue increased to $79.1 million, or an increase of 8.1%. Gross margin was 53.9% versus 51.3%. Gross margin excluding amortization

Digi International Reports Fourth Fiscal Quarter and Full Fiscal 2021 results Record Annual Revenue of $309M, ARR grows over 30% to nearly $38M Full Year EPS of $0.31, Adjusted EPS of $1.08

HOPKINS, Minn.--(BUSINESS WIRE)--Digi's project with the Chicago Transit Authority (CTA) and City Tech Collaborative has received the IoT Deployment of the Year Award from IoT World.

Digi International Pilot Project with Chicago Transit Authority and City Tech Wins IoT Deployment of the Year Award

Analysts Estimate Digi International (DGII) to Report a Decline in Earnings: What to Look Out for

HOPKINS, Minn.--(BUSINESS WIRE)--Digi announces acquisition of Ventus Holdings, a leader in MNaaS solutions that simplify the complexity of enterprise WAN connectivity.

Digi International Acquires Ventus Holdings, Leader in Managed Network-as-a-Service

MUNICH--(BUSINESS WIRE)--Digi International appoints TOPAS electronic AG (TOPAS) as its distributor in Germany, Switzerland and Austria.

Digi International Appoints TOPAS as a European Distributor for its Embedded Products Portfolio

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 fourth fiscal quarter and fiscal year-end 2021 on Wednesday, November 10th, 2021, 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 bus

Digi International to Release Fourth Fiscal Quarter and Fiscal Year-End 2021 Earnings Results and Host Conference Call on November 10th, 2021

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International unveils the TX64 5G Rail router for intelligent transportation systems.

Digi International Introduces TX64 5G Rail Router for Intelligent Transportation Systems

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International launches my.digi.com, its new twin portals for customer and partner resources.

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