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. (NASDAQ: DGII) is a provider of Internet of Things (IoT) connectivity products, services, and solutions, and its news flow reflects developments across embedded connectivity, managed services, and cloud-based device management. The DGII news page aggregates announcements from Digi and its business units, giving investors and technology professionals a single place to review material updates.
Recent news releases highlight Digi’s participation in major industry events, product introductions, and strategic initiatives. Examples include announcements about embedded modules such as the Digi XBee 3 Global LTE Cat 4 cellular modem, infrastructure management solutions showcased at CES, and the launch of SmartSense ONE, a modular platform that unifies SmartSense and Jolt capabilities for monitoring, food safety, operations, and compliance.
The news feed also covers developments in managed connectivity, such as the Digi Ventus Managed Connectivity Solutions program for multi-carrier 5G services, as well as eSIM-related initiatives, including an SGP.32-compatible eSIM accessory and alignment with Simetric for validated eSIM orchestration. Security and compliance updates, such as SOC 2 Type 2 attestation for Digi Remote Manager and Digi Genesis, appear alongside quarterly and annual financial results and conference call announcements.
Visitors to this page can review how Digi and its subsidiaries, including SmartSense by Digi and Opengear, are expanding capabilities in areas like network resilience, distributed IoT visibility, and sensor-based monitoring. For anyone tracking DGII, this news section offers a focused view of product launches, segment growth, acquisitions, and platform enhancements that shape Digi’s role in the IoT connectivity landscape.
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.
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.
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
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.
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.
Digi International has launched the Digi TX64 5G Rail, a high-performance cellular router tailored for rail-transit applications. This router features 5G connectivity with 4G failover, rail-grade certifications, and seamless integration with Digi’s Remote Manager for efficient network management. The device enhances operational efficiency through geofencing alerts and supports various applications such as fare collection and passenger internet access. Its rugged design ensures reliability in challenging environments, with capabilities including centralized management and advanced security through Digi TrustFence.
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