Digi Intl (DGII) Stock News

Digi International (Nasdaq: DGII) reported strong Q3 2025 financial results with revenue of $108 million, up 2% year-over-year. The company achieved a record ARR of $126 million, representing 12% growth, and improved gross profit margin by 430 basis points to 63.5%.

Notable achievements include net income of $10 million (up 6%), adjusted EBITDA of $28 million (up 11%), and significant debt reduction of $30 million. The company raised its fiscal 2025 guidance, now expecting 7-8% Adjusted EBITDA growth, while maintaining ARR growth projection of 10%.

For Q4 2025, Digi projects revenue between $106-110 million and Adjusted EBITDA of $25.5-27.0 million. The company aims to reach $200 million in ARR and Adjusted EBITDA by fiscal 2028.

Digi International (NASDAQ: DGII) celebrates the New York City Department of Transportation's (NYC DOT) recognition with the Outstanding ITS Project award from the Intelligent Transportation Society of New York. The award acknowledges the successful implementation of the NYC Intersection Wi-Fi System, powered by Digi's transportation routers and Digi Remote Manager®.

The system supports travel time monitoring, street flow management, and signal operations across the city. This marks NYC DOT's second ITS-NY award, following their 2020 win for a project that utilized Digi's cellular solutions to modernize 14,000 intersections throughout New York City.

Digi International (NASDAQ: DGII) has launched Digi LifeCycle Assurance On-Prem Manager, a fully local device management solution that operates without cloud connectivity. The new product offers comprehensive features including 24/7 technical support, Digi Remote Manager Premier, and a 5-year warranty, all in a self-hosted environment.

The solution targets healthcare, utilities, and global enterprises requiring strict data control and compliance. Key features include 100% on-premises operation, real-time monitoring with alerts, integrated metrics, GDPR and CCPA compliance, custom code support, and enterprise scalability. Unlike competitors requiring third-party add-ons, this solution provides an all-in-one integrated platform for air-gapped and regulated environments.

["Offers complete local control with zero cloud dependency, enhancing security", "Includes comprehensive features: 24/7 support, Remote Manager Premier, and 5-year warranty", "All-in-one solution without need for third-party add-ons", "Targets high-value sectors: healthcare, utilities, and global enterprises"]

Digi International (NASDAQ: DGII) has scheduled its third fiscal quarter 2025 earnings release for August 6, 2025, after market close at approximately 4:00 p.m. ET. The company will host a conference call at 5:00 p.m. ET on the same day, featuring CEO Ron Konezny and CFO Jamie Loch, who will discuss the results and conduct a Q&A session.

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, with a replay available for approximately one year after the call.

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.