Digi International (DGII) Stock

Digi International Inc. (NASDAQ:DGII ) Q4 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Ron Konezny - President and Chief Executive Officer Jamie Loch - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Inc. Quinton Gabrielli - Piper Sandler Josh Nichols - B. Riley Securities Operator Good day and thank you for standing by.

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the fourth fiscal quarter and full fiscal 2024 on Wednesday, November 13, after market close, at approximately 4:00 p.m. ET. Ron Konezny, CEO, and Jamie Loch, CFO, will host a conference call the same day, at 5:00 p.m. ET, to briefly discuss the results and will take questions and provide answers. Please click here to pre-register for the conference call and obtain your dial in number an.

Digi International (DGII) came out with quarterly earnings of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.50 per share a year ago.

Digi International (DGII) reported earnings of $0.49 per share for the quarter, surpassing the Zacks Consensus Estimate of $0.47 per share. This is slightly lower than the earnings of $0.50 per share from the same period last year.

Digi International has seen a steady increase in earnings since 2020, but growth is expected to slow down in the coming years. The company has implemented cost-saving measures and inventory improvements to boost profitability. Although earnings may be limited in the near future, the stock price is likely to continue to climb.

Revenue fell 3% in the fiscal first quarter of 2024 but beat expectations. The bottom line was also under pressure, but an earnings beat was enough to please investors.

Digi International Inc. (NASDAQ:DGII ) Q4 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Jamie Loch - Chief Financial Officer Ron Konezny - President and CEO Conference Call Participants Tommy Moll - Stephens Mike Walkley - Canaccord Genuity Scott Searle - ROTH MKM Robert Aguanno - Piper Sandler Anthony Stoss - Craig-Hallum Greg Mesniaeff - Westpark Capital Operator Good day. And welcome to the Digi International Fiscal Fourth Quarter 2023 Earnings Conference Call.

Despite experiencing one of the most robust periods of economic tightening in recent history, the United States economy has been demonstrating exceptional strength and resilience. This has ignited optimism that the world's largest economy could achieve a smooth transition, often referred to as a “soft landing” by Jerome Powell.

Digi International Inc. (NASDAQ:DGII ) Q3 2023 Results Conference Call August 3, 2023 10:00 AM ET Company Participants Jamie Loch - EVP, CFO & Treasurer Ron Konezny - President, CEO & Director Conference Call Participants Tommy Moll - Stephens Inc Mike Walkley - Canaccord Genuity Harsh Kumar - Piper Sandler Scott Searle - ROTH MKM Derek Soderberg - Cantor Fitzgerald Operator Good day and thank you for standing by. Welcome to the Q3 2023 Digi International Inc. Earnings Conference Call.