Digi Intl (DGII) Stock News

Digi International (NASDAQ: DGII) has launched the Digi IX30-0EG4, an industrial IoT cellular router with Anterix Active designation, designed for utilities and critical infrastructure. The router supports Anterix's nationwide 900 MHz private LTE spectrum and is specifically engineered for hazardous and mission-critical applications. Key features include C1D2 and NEMA TS2 ratings, edge computing capabilities, and integration with Digi Remote Manager. The solution is tailored for energy applications like smart grid automation, demand response, and SCADA systems. The 900 MHz spectrum provides wide-area coverage and deep penetration through obstacles, making it ideal for utility operations. The device offers high I/O port density, supports public and private LTE networks, and includes features for secure, reliable connectivity at scale.

Opengear, a Digi International company (NASDAQ: DGII), has announced a major transformation in its support model for network infrastructure solutions. Starting June 2025, all new Opengear appliances will include five years of built-in hardware coverage and SLA-backed support at no additional cost. The company introduces two support tiers: Foundation (8x5 support with advanced hardware replacement) and Premium (24x7x365 coverage with dedicated advocates and professional services for enterprise customers). This strategic shift aims to simplify ownership, reduce risk, and provide predictable long-term total cost of ownership. The new integrated support platform will be showcased at Cisco Live 2025 in San Diego from June 8-12.

Digi International (NASDAQ: DGII) has unveiled a comprehensive industrial infrastructure management solution, combining the new Digi Axess mobile app with Digi Axess VPN Service. The solution enables industrial teams to monitor, control, and secure critical systems remotely with 24/7 access. The Digi Axess mobile app, designed for field teams in industries like oil and gas, water, and irrigation, offers instant configuration, alerts, mobile troubleshooting, and enterprise-grade security. The complementary VPN service provides secure connectivity without public static IPs, featuring VPN tunnel failover and scalable remote deployment capabilities, optimized for the Digi Z45 Industrial Controller.

Digi International (NASDAQ: DGII) reported its Q2 FY2025 results with mixed performance. While revenue decreased 3% to $105 million, the company showed improved profitability with net income increasing to $10 million ($0.28 per share) from $4 million ($0.11 per share) year-over-year. Notable highlights include: - Gross profit margin improved by 420 basis points to 62.1% - Record Annualized Recurring Revenue (ARR) of $123 million, up 12% - Strong cash flow from operations of $26 million - Reduced debt by $25 million to $70 million - IoT Solutions segment grew revenue by $2.4 million - Updated FY2025 guidance projects flat revenue but 5% Adjusted EBITDA growth - Company aims to grow ARR and Adjusted EBITDA to $200 million within 4 years

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.