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Digi International, Inc. - DGII STOCK NEWS

Welcome to our dedicated news page for Digi International (Ticker: DGII), a resource for investors and traders seeking the latest updates and insights on Digi International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Digi International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Digi International's position in the market.

News
Digi International Reveals 2024 Green Tech Customer Innovation Award Winners
Rhea-AI Summary
Digi International announces the winners of its 2024 Green Tech Customer Innovation Awards, recognizing companies using green technologies for sustainability and environmental stewardship. The winners have leveraged Digi solutions to advance initiatives in public transport, water management, infrastructure monitoring, precision agriculture, and green vehicle technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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none
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News
Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess
Rhea-AI Summary
Digi International launches Digi Connect Sensor XRT-M powered by Digi Axess, a telemetry monitor with extended battery life for efficient remote monitoring. The product offers edge and cloud-based control options, intuitive interface, and versatile I/O for sensor connections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
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none
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News
Digi International to Release Second Fiscal Quarter 2024 Earnings Results on May 1, 2024 and Host a Conference Call on May 2, 2024
Rhea-AI Summary
Digi International® Inc. (NASDAQ: DGII) will announce its financial results for the second fiscal quarter of 2024 on May 1, 2024. The CEO and CFO will host a conference call on May 2, 2024, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
earnings
News
Digi International to Unveil the New Digi ConnectCore® MP25 System-on-Module for Next-Gen Computer Vision Applications at Embedded World 2024
Rhea-AI Summary
Digi International unveils the Digi ConnectCore MP25 System-on-Module, powered by the STMicroelectronics STM32MP25 processor, featuring AI capabilities for computer vision applications in industrial, medical, energy, and transportation sectors. The module offers reliable wireless connectivity, time-sensitive networking, and advanced security features, catering to IoT applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
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News
Digi International Unveils LifeCycle Assurance, Transforming Infrastructure Management with Proactive Support and Comprehensive Device Management
Rhea-AI Summary
Digi International Launches Digi LifeCycle Assurance to Enhance Service and Support for IoT Connectivity Products, Providing Proactive Solutions for Improved Performance and Security
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
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News
Opengear Launches Enhanced Technical Certification Program
Rhea-AI Summary
Opengear, a Digi International company, launches an enhanced Technical Certification Program to empower IT professionals and network engineers with the skills needed to manage complex network infrastructures effectively. The program aims to address evolving network challenges and provide global accessibility through practical application, cost-free learning, and empowerment for channel organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
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none
News
Opengear Enhances Remote Access with Smart Management Fabric (SMF) and Dynamic Routing-based IP Access
Rhea-AI Summary
Opengear, a Digi International Inc. company, launches Smart Management Fabric, enhancing its Network Resilience platform with dynamic routing-based IP access. The new feature allows users to connect to and manage resources efficiently, supporting various technologies. Opengear aims to provide secure and resilient access to IT resources, redefining out-of-band management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
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none
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News
Digi International Launches Digi IX40, a 5G Edge Computing Industrial IoT Cellular Solution Purpose-Built for Industry 4.0
Rhea-AI Summary
Digi International Inc. launches Digi IX40, a 5G edge computing industrial IoT cellular router solution integrated with Digi Remote Manager® to enhance Industry 4.0 applications. The solution supports 5G connectivity, edge intelligence, and real-time data processing for critical industrial use cases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.25%
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none
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News
Digi International Reports First Fiscal Quarter 2024 Results
Rhea-AI Summary
Digi International Inc. (Nasdaq: DGII) reported a 3% decrease in revenue to $106 million for the first fiscal quarter of 2024. However, Annualized Recurring Revenue (ARR) surged to $108 million, surpassing quarterly revenue for the first time. The company achieved a gross profit margin of 57.6% and adjusted EBITDA of $23 million. Cash flow from operations was $19 million, driven by a significant reduction in debt and inventory levels. The IoT Product & Services segment experienced a 3% revenue decline but saw a 64% increase in ARR, while the IoT Solutions segment reported a 4% decrease in revenue but a 4% increase in ARR. The company aims to achieve $200 million of ARR and $200 million of adjusted EBITDA within the next five years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.86%
Tags
earnings
News
Digi International to Release First Fiscal Quarter 2024 Earnings Results on January 31, 2024 and Host a Conference Call on February 1, 2024
Rhea-AI Summary
Digi International Inc. (NASDAQ: DGII) will release its financial results for the first fiscal quarter 2024 on January 31, 2024, after market close. CEO Ron Konezny and CFO Jamie Loch will host a conference call the following morning to discuss the results and take questions. Participants can access the live webcast and a replay through Digi's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
earnings
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Digi International, Inc.

Nasdaq:DGII

DGII Rankings

#2339 Ranked by Market Cap
#4204 Ranked by Stock Gains
N/A Ranked by Dividends

DGII Stock Data

1.12B
35.37M
2.34%
100.89%
7.42%
Electronic Computer Manufacturing
Manufacturing
Link
US
Hopkins

About DGII

digi international (digi) is a leading global provider of mission-critical and business-critical machine-to-machine (m2m) and internet of things (iot) connectivity products and services. we help our customers create next generation connected products and deploy and manage critical communications infrastructures in demanding environments. our embedded modules and off-the-shelf routers, gateways and network products are designed for relentless reliability and deliver unquestioned performance and security. our cloud-based software and professional services help customers put their connected products and assets to work across a broad range of mission-critical industry applications. founded in 1985, we’ve helped our customers connect over 100 million things, and growing.