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Digi International (DGII) Stock News

DGII NASDAQ

Digi International Inc. develops business- and mission-critical Internet of Things connectivity products, services and solutions for enterprises, OEMs, government and industrial customers. News about DGII commonly covers fiscal results, recurring-revenue metrics, cash flow, acquisition financing, and integration activity across its IoT Products & Services and IoT Solutions businesses.

Company updates also include product and platform launches such as cellular routers, Digi Remote Manager, Genesis, Digi Accelerated Linux and AI-enabled workflow tools. SmartSense by Digi adds recurring coverage of IoT Sensing as a Service, asset monitoring, process digitization, food-safety compliance, and restaurant or retail operations research.

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Digi International (NASDAQ: DGII) launched Digi EX61, a rugged indoor/outdoor cellular extender designed to provide primary or backup 5G connectivity. The device supports automatic switching from wired to wireless connections, dual-SIM cellular backup and satellite connections such as Starlink over Ethernet. Digi says its dual-SIM approach enables cell-to-cell failover up to 10X faster than traditional approaches.

EX61 is available beginning November 3, 2026 through global sales channels and authorized partners as part of Digi 360 or Digi Ventus. A North American model is certified for AT&T, T-Mobile and Verizon; a global model serves other regions.

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Digi International (DGII) will release its fourth-quarter and full fiscal 2026 financial results after market close on November 11, 2026. Results are scheduled for approximately 4:00 p.m. ET. CEO Ron Konezny and CFO Jamie Loch will host a video conference call at 5:00 p.m. ET that day to discuss the results. A webcast replay will be available within approximately two hours after the call ends and remain available for approximately one year.

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Digi International (DGII) launched Digi EX60, an indoor enterprise 5G router available beginning October 6, 2026, for branch connectivity. The router supports 5G as a primary broadband connection or backup for an existing wired link, and combines routing, switching and Wi-Fi 7.

Centralized management runs through Digi Remote Manager, with options to connect an AI assistant or use Digi Artificial Network Intelligence as a value-added service. EX60 is available through global sales channels and authorized partners as part of Digi 360, a subscription combining hardware, management, a limited lifetime warranty and continuous support. At launch, it supports AT&T, Verizon and T-Mobile networks.

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Digi International (DGII) signed a definitive agreement to acquire Disruptive Technologies for $130 million in cash, adding sensing technology to SmartSense.

The purchase will be financed through Digi's existing revolving credit facility. Closing requires regulatory approval, and Digi expects completion before the end of 2026. Disruptive Technologies generated $15 million in revenue and $4 million in annualized recurring revenue in calendar 2025.

Digi expects the acquisition to establish SmartSense's first meaningful commercial presence in Europe through the target's European customer relationships and infrastructure across more than 25 countries worldwide. Integration is expected to contribute approximately $9 million additional FY28 adjusted EBITDA and free cash flow; adjusted EBITDA is a profit measure excluding interest, taxes, depreciation, amortization and adjustments.

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Digi International (DGII) subsidiary Opengear signed its first pan-European distribution agreement with Ingram Micro, covering 20 European markets.

The agreement will give resellers in participating Ingram Micro countries access to Opengear products. It expands Opengear’s existing reach in the UK, Ireland, Spain, Germany, Italy, France, Belgium and Luxembourg to additional markets including Switzerland, Hungary and the Czech Republic. Products are scheduled to become available through participating countries from October 1, subject to country-specific availability and any applicable regulatory approvals and certifications.

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SmartSense by Digi, part of Digi International (DGII), released a survey of 150 U.S. loss and organized retail crime prevention leaders.

In the Cargo Theft Report, 79% said their organization was more concerned about cargo theft than ever before, while 81% said it had become more organized in recent years. 63% said incidents had increased compared with last year. 80% said cargo theft had led to lost sales for their organization; 40% reported annual losses of at least $1 million, and 28% reported annual losses of more than $2 million.

70% said their organizations were investing more in cargo theft prevention this year than last year. Respondents identified fraudulent pickups and carrier impersonation (78%) and GPS jamming and spoofing (71%) as top concerns. Just 37% said they regularly report incidents and work directly with law enforcement on investigations.

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Digi International (DGII), via its Particle by Digi division, announced that the Particle M635e IoT module has achieved Skylo certification for satellite-based Non-Terrestrial Network (NTN) connectivity.

The M635e combines Skylo NTN satellite service with global LTE-M cellular, dual-band Wi‑Fi and Bluetooth Low Energy, automatically falling back to satellite when devices move beyond cellular coverage. This aims to prevent data loss and maintain mission-critical connectivity for fleets and remote assets. Operating on the Particle platform, the pre-certified module is positioned to shorten development cycles, reduce certification costs and lower launch risk for OEMs and developers. The M635e is available now for pre-order through the Particle Store.

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Digi International (Nasdaq: DGII) has expanded and refinanced its senior secured revolving credit facility, increasing total borrowing capacity from $250 million to $350 million. The facility includes an accordion feature for additional capacity of the greater of $130 million or 100% of trailing twelve month adjusted EBITDA, giving Digi up to $480 million in potential borrowing, plus an unlimited incremental amount subject to a pro forma total net leverage ratio not exceeding 2.50x.

The new facility matures on August 27, 2031 and offers improved SOFR margins of 125–262.5 basis points, compared with 135–310 basis points previously. The maximum total net leverage ratio covenant rises from 3.0x to 3.50x, with a 0.50x acquisition holiday for four fiscal quarters after a qualifying acquisition, while the minimum interest coverage ratio remains at 3.00x.

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Digi International (Nasdaq: DGII) reported third fiscal quarter 2026 revenue of $138.7 million, up 29% year over year, with gross margin of 64.8% and operating margin of 16.5%. GAAP net income was $15.7 million, or $0.40 per diluted share, and adjusted EBITDA rose 47% to $40.4 million.

Quarter-end ARR reached a record $191 million, up 52%. IoT Product & Services revenue grew 25% to $100 million with ARR doubling to $60 million, while IoT Solutions revenue increased 41% to $39 million and ARR rose 36% to $131 million. Operating cash flow was $33 million and net debt stood at $81 million.

For fiscal 2026, Digi raised guidance to revenue of $529–$533 million (23–24% growth) and adjusted EBITDA of $146.0–$147.5 million (35–36% growth), and now expects ARR growth of at least 27% versus fiscal 2025.

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SmartSense by Digi (NASDAQ: DGII), a provider of IoT connectivity solutions for restaurants, announced the addition of Eric Phernambucq/b) of Jack in the Box and of honeygrow to its Board of Advisors. Phernambucq is Vice President of Operations Innovation at Jack in the Box with 25 years of restaurant experience focused on performance, productivity, and operational efficiency. Thomas is Vice President of Operations Services at honeygrow, with two decades of experience in restaurant operations, food safety, and field execution. SmartSense said the appointments support its mission to help restaurant brands address food safety, compliance, and operational excellence using technology.

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FAQ

What is the current stock price of Digi International (DGII)?

Digi International (DGII) last closed at $72.03.

What is the market cap of Digi International (DGII)?

The market cap of Digi International (DGII) is approximately $2.7B.