Digi Intl Inc Stock Price, News & Analysis

Digi International (NASDAQ: DGII) has launched MQTT for Digi Connect® Sensor XRT-M, a new IIoT connectivity solution targeting water management, oil and gas, and industrial automation sectors. The solution focuses on streamlining sensor data integration through the MQTT protocol, offering rapid deployment and flexible data reporting capabilities.

Led by Brian Kirkendall, VP and General Manager of Infrastructure Management, this innovation features intuitive self-service setup, versatile data flow options (cloud/private broker), and enhanced reliability for mission-critical operations. The product is immediately available, with Digi offering demos to interested organizations.

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.