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Digi Intl Inc - DGII STOCK NEWS

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.

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Digi International (NASDAQ: DGII) will report its financial results for Q1 2022 on Wednesday, February 2, 2022, after market close, around 4:00 p.m. ET. CEO Ron Konezny and CFO Jamie Loch will host a conference call at 5:00 p.m. ET to discuss the results and provide business insights. Participants can access the call via a live webcast on Digi's investor relations website or via teleconference after registration. A replay will be available for one week post-call. Digi is a key player in IoT solutions, having connected over 100 million devices since its founding in 1985.

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Digi International, a leader in IoT connectivity, is set to showcase its innovations at CES 2022, specifically at booth 10239. The company will unveil the Digi EX50 5G router, demonstrate the Digi XBee Earth Rover, and present advancements in precision agriculture technologies. Recognized as a CES 2022 Innovation Awards honoree, Digi's CTO will participate in the IMC Smart Cities panel on January 6. Additionally, Digi's acquisition of Ventus Holdings aims to enhance its network service offerings. For more details, visit www.digi.com.

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Digi International (NASDAQ: DGII) has launched the Connect EZ®, a family of device servers enhancing connectivity for business and industrial applications. This innovative solution features the Digi Navigator™ discovery tool and integrates with the Digi Accelerated Linux (DAL) operating system, facilitating reliable and easy device management. Connect EZ offers numerous benefits including improved intelligence, scalability, security, and connectivity options over cellular and Wi-Fi. Additionally, the AnywhereUSB Plus has been updated to support Wi-Fi capabilities. Both products are now available for purchase.

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Digi International (NASDAQ: DGII) has appointed ISMOsys as its pan-European sales representative covering the DACH region, Nordics, Italy, France, and the U.K. ISMOsys will promote a wide range of Digi’s products, including Digi ConnectCore and Digi XBee RF modules, along with complementary support services. This partnership aims to leverage ISMOsys's extensive market knowledge to enhance Digi's reach in IoT connectivity solutions, catering to industrial, medical, and smart city applications. The collaboration reflects both companies' commitment to advancing customer connectivity solutions.

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Digi International (Nasdaq: DGII) reported financial results for Q4 FY2021, with revenues reaching $79.1 million, an increase of 8.1% year-over-year. Gross margins improved to 53.9%, up from 51.3%. However, net income per diluted share fell to $0.13, a 13.3% decline, while adjusted EPS decreased to $0.25. For FY2021, total revenue increased to $308.6 million, up 10.5%. The company anticipates Q1 FY2022 revenues of $81 million to $85 million, reflecting 11% to 16% growth.

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Digi International has announced the acquisition of Ventus Holdings for $347.4 million, marking its largest acquisition to date. This deal enables Digi to enhance its offerings in Managed Network-as-a-Service (MNaaS), simplifying enterprise WAN management. The acquisition is expected to be accretive to non-GAAP measures like adjusted EBITDA and EPS. However, due to interest expenses, it may be mildly non-accretive to GAAP net income for fiscal year 2023. Digi aims to leverage Ventus's expertise to improve connectivity solutions across various industries.

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Digi International (NASDAQ: DGII) has appointed TOPAS electronic AG as its distributor in Germany, Switzerland, and Austria.

This strategic partnership will enhance the availability of Digi's connectivity products such as Digi ConnectCore and Digi XBee RF modules, which are crucial for IoT applications across various industries.

TOPAS, renowned for its market expertise, aims to simplify design processes and accelerate time to market for customers, thereby enhancing operational efficiency.

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Digi International (NASDAQ: DGII) will release its financial results for Q4 and fiscal year 2021 on November 10, 2021, post-market at 4:00 p.m. ET. CEO Ron Konezny and CFO Jamie Loch will host a conference call at 5:00 p.m. ET to discuss the results and provide updates. Participants can join via a live webcast on Digi's investor relations site or through a designated conference call number. A replay will be available shortly after the call, lasting for a week. For more details, visit www.digi.com.

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Digi Intl Inc

Nasdaq:DGII

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970.45M
36.02M
2.36%
101.6%
5.3%
Communication Equipment
Computer Communications Equipment
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United States
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