Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
06 October 1989Website:
http://www.digi.comNext earnings report:
13 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:11:45 GMTDividend
Analysts recommendations
Institutional Ownership
DGII Latest News
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.
If you enjoy uncovering those lesser-known, small companies that are racking up price and earnings gains because their products and services are hot, then you'll want to know about Minnesota-based Digi International Inc. NASDAQ: DGII.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Digi International (DGII) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
What type of business is Digi International?
Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services, and IoT Solutions. It offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand. The company provides embedded system products under the Digi Connect, ConnectCore, and Rabbit brands; and infrastructure management products, comprising of serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it offers Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that provides a secure environment for customers to manage their connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitor facilities or pharmacies by tracking the completion of operating tasks by employees, as well as quality control and incident management for food service, healthcare, and transportation/logistics industries; and Ventus which provides MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.
What sector is Digi International in?
Digi International is in the Technology sector
What industry is Digi International in?
Digi International is in the Communication Equipment industry
What country is Digi International from?
Digi International is headquartered in United States
When did Digi International go public?
Digi International initial public offering (IPO) was on 06 October 1989
What is Digi International website?
https://www.digi.com
Is Digi International in the S&P 500?
No, Digi International is not included in the S&P 500 index
Is Digi International in the NASDAQ 100?
No, Digi International is not included in the NASDAQ 100 index
Is Digi International in the Dow Jones?
No, Digi International is not included in the Dow Jones index
When was Digi International the previous earnings report?
No data
When does Digi International earnings report?
The next expected earnings date for Digi International is 13 November 2024