Welcome to our dedicated page for Digi Intl news (Ticker: DGII), a resource for investors and traders seeking the latest updates and insights on Digi Intl stock.
Digi International Inc (DGII) provides mission-critical IoT connectivity solutions for industries requiring secure, reliable machine-to-machine communications. This news hub offers investors and technology professionals centralized access to official announcements and market-moving updates.
Track earnings releases, product innovations, and strategic partnerships shaping the IoT landscape. Our curated collection includes regulatory filings, leadership updates, and technology deployments across manufacturing, logistics, and environmental monitoring sectors.
Discover how Digi's embedded modules and cloud-integrated solutions address evolving connectivity demands. Stay informed about developments in both core segments: IoT Products & Services for hardware solutions and IoT Solutions for specialized monitoring applications.
Bookmark this page for real-time updates on network security enhancements, global market expansions, and industry-specific IoT implementations. Verify operational milestones through primary source materials while maintaining compliance awareness.
Digi International (NASDAQ: DGII) has announced the winners of its 2025 Green Tech Customer Innovation Awards, recognizing companies leveraging IoT technology for sustainability and carbon reduction initiatives. The awards, in their fifth year, span six categories highlighting achievements in environmental stewardship.
Notable winner NuOz was recognized for smart building enablement, utilizing Digi's cellular solutions for energy monitoring and management. Other winners include Origo.ag for Agricultural Weather Monitoring, IRROMETER for Agricultural Soil Monitoring, Dimonoff for Smart City Lighting, Innotek for Industrial Sensing and Control, and NCD for Intelligent Sensor Networks.
The winning innovations showcase diverse applications including smart streetlight transformation, intelligent energy monitoring, and precision agriculture systems optimizing irrigation practices. These solutions demonstrate how IoT technology can improve efficiency, enhance resource conservation, and minimize environmental impact across multiple sectors.
Digi International (NASDAQ: DGII) has scheduled its second fiscal quarter 2025 earnings release for Wednesday, May 7, 2025, after market close at approximately 4:00 p.m. ET. CEO Ron Konezny and CFO Jamie Loch will conduct a conference call at 5:00 p.m. ET on the same day to discuss the results and address questions.
Participants are required to pre-register for the call and dial in 15 minutes before the start time. The event will also be accessible via live webcast through Digi's investor relations website. A replay option will be available shortly after the call's conclusion and will remain accessible for approximately one year through the company's website.
Digi International (NASDAQ: DGII) has announced two major enhancements to its IoT connectivity solutions: an upgraded Digi Navigator™ and the new Digi Connect® EZ with Power over Ethernet (PoE).
The enhanced Digi Navigator™ features automatic device detection, broader compatibility with both modern and legacy hardware, simplified security settings, and improved backup capabilities. The platform streamlines device configuration and management with intelligent automation.
The new Digi Connect EZ with PoE offers single-cable power and data transmission, dual Ethernet ports for redundancy, four RS-232/422/485 serial connections, built-in Wi-Fi, and LTE compatibility. The device includes Digi TrustFence® security features and supports industrial protocols like Modbus for robotics, automation, and industrial equipment applications.
Opengear, a Digi International (NASDAQ: DGII) company, has launched the CM8100-10G-5G Console Manager with integrated 5G cellular technology. This new product enhances their Smart Out of Band™ management solutions portfolio, offering improved network resilience and management capabilities.
The CM8100-10G-5G features include integrated 5G connectivity with 10GbE uplinks for seamless failover, support for up to 48 serial devices, and compatibility with Opengear's Lighthouse® software solution and Smart Management Fabric. The system is designed to address the growing demands of AI, IoT, and cloud computing technologies that require low latency and high bandwidth connectivity.
According to Patrick Quirk, Opengear's president, this product represents a significant advancement in providing network management solutions that eliminate disruptions while enabling automatic failover to cellular for seamless access. The CM8100-10G-5G serves as the successor to Opengear's IM7200 product line.
Digi International (DGII) reported Q1 FY2025 results with revenue of $104 million, showing a 2% decrease year-over-year. The company achieved record-high Annualized Recurring Revenue (ARR) of $120 million, up 11% from the previous year. Notable improvements include a gross profit margin increase to 62.0% and net income of $10 million ($0.27 per diluted share), compared to a net loss in Q1 FY2024.
The company generated strong cash flow from operations of $30 million, reduced debt to $95 million, and maintained $25.9 million in cash. The IoT Solutions segment showed growth with $26.0 million revenue, while IoT Products & Services revenue decreased to $77.8 million. Looking forward, Digi maintains its fiscal 2025 outlook with projected 10% ARR growth and targets reaching $200 million in ARR within four years.
Opengear's research reveals divergent perspectives on AI implementation in network management between technical teams and leadership. While 58% of organizations have fully implemented AI for network management, 57% of network engineers expect AI investment to increase by over 25% in the next 2-3 years, with 49% of CIOs and CSOs concurring.
Key findings show that 70% of engineers believe the planned investment isn't sufficient for business goals. The main barriers differ: engineers cite high initial costs (29%) as primary, while executives prioritize regulatory compliance (36%) and skilled personnel shortage (30%). Leadership focuses on continuous monitoring (32%), while engineers emphasize IT staff training (31%) and network resilience (26%).
In cybersecurity, 66% of senior leaders allocated 4-10% of their IT budget to AI network management, while 69% of engineers believe AI will enhance cybersecurity incident response.
Digi International (NASDAQ: DGII) has announced it will release its first fiscal quarter 2025 financial results on Wednesday, February 5, 2025, after market close at approximately 4:00 p.m. ET. The company will host a conference call at 5:00 p.m. ET the same day, featuring CEO Ron Konezny and CFO Jamie Loch, who will discuss the results and conduct a Q&A session.
Participants are required to pre-register for the conference call to obtain dial-in details and should join 15 minutes before the start time. A live webcast will be available through Digi's investor relations website, with a replay accessible for approximately one year after the event.
SmartSense by Digi (NASDAQ: DGII) has launched SmartSense VOYAGE, a new IoT solution for real-time tracking and monitoring of moving assets throughout the supply chain. The system's core component is the T1 sensor, an ultra-compact, GPS-enabled device designed for temperature accuracy and global cellular connectivity.
The solution targets retail, pharmaceutical, healthcare, and food service industries, ensuring safety, quality, and compliance of high-value goods during transit. Key features include real-time visibility of location and environmental conditions, buttonless activation technology, and flexible interval configuration.
The platform enables healthcare providers to align appointments with treatment product deliveries, helps grocers reduce spoilage risk during transfers, and allows retailers to minimize losses from route deviation and theft while optimizing product availability.
Digi International (NASDAQ: DGII) has launched Digi X-ON™, an integrated edge-to-cloud IoT solution designed to simplify industrial IoT deployment. The platform combines hardware, software, and cloud connectivity into a single secure system, supporting applications in connected cities, smart utilities, industrial IoT, and smart agriculture.
A notable implementation case is FeverTags, which uses Digi X-ON to monitor livestock health, enabling early disease detection up to 72 hours before visible symptoms appear. The system can cover a 250,000-head feed yard or a 40,000-acre ranch, utilizing Digi XBee® LR for LoRaWAN technology.
The solution addresses the challenge of fragmented technology ecosystems in LoRaWAN networks deployment, offering scan-and-go provisioning and simplified integration. Digi X-ON development kits, produced by SparkFun, are now available worldwide as the industrial IoT market is projected to reach $2.5 billion by 2032.
SmartSense by Digi (NASDAQ: DGII) has announced the appointment of Stefanie Miller, Managing Director of Category Strategy and Growth at Kellanova Europe, to its Food Service Advisory Board. Miller, who joined on November 1, 2024, brings extensive experience from global brands including The Coca-Cola Company and Kellogg Company.
Miller joins existing board members from Giant Eagle, Schnuck Markets, NewRoad Capital Partners, Nutrition Core Solutions, and Clipper Advisory Group. The board focuses on consumer packaged goods (CPG) safety and aims to enhance food service and reduce risks through innovative technology.
As highlighted by Guy Yehiav, President of SmartSense by Digi, Miller's industry experience is expected to help foster a more strategic path forward for SmartSense food service solutions, particularly in areas of risk management and innovative solutions.
