Digi Intl Inc Stock Price, News & Analysis

Digi International (NASDAQ: DGII) has launched a new add-on service called Digi WAN Bonding, which enhances network performance by delivering true Gigabit speeds and improved reliability for enterprise, industrial, and transportation IoT applications. This service integrates with Digi's existing technology stack and utilizes the edge intelligence of Digi Accelerated Linux (DAL) OS, allowing users to manage multiple WAN connections for better throughput and seamless failover. Key benefits include increased bandwidth for video and file sharing, improved reliability with hot failover protection, and potential cost savings from leveraging multiple ISPs. This collaboration with Bondix Intelligence offers a maximum throughput speed of 1 Gbps, surpassing competitors' offerings.

Digi International will release its financial results for the second fiscal quarter of 2023 on May 4, 2023, before market open at approximately 8:00 a.m. ET.

The results will be discussed in a conference call hosted by CEO Ron Konezny and CFO Jamie Loch at 10:00 a.m. ET. Investors can pre-register for the call and access the live webcast via Digi's investor relations website.

Digi specializes in Industrial Internet of Things (IIoT) products and has connected over 100 million devices. The company aims to support customers in building connected products and managing secure communication infrastructures.

Digi International (NASDAQ: DGII) has launched the Digi Connect EZ® 8/16/32, enhancing their range of secure and scalable device servers for industrial automation and IoT applications. This new product line demonstrates Digi's commitment to providing robust connectivity solutions to critical sectors like utilities, aerospace, and logistics.

The Digi Connect EZ family includes features such as cellular support, centralized management through Digi Remote Manager®, and a one-year subscription to the LifeCycle Assurance Program, offering 24/7 expert technical assistance. This rollout is focused on enabling customers to address the challenges of the Industrial Internet of Things (IIoT) effectively. With advancements in scalability, reliability, and capability, these devices promote seamless integration and management of remote assets.

Digi International (NASDAQ: DGII) has launched the Digi XBee 3 Global Cellular family, which includes the Cellular LTE Cat 1 and Cellular LTE-M/NB-IoT smart modems designed for global deployment. These modules aim to streamline IoT connectivity with pre-certified solutions that reduce costs and development time. They feature features like BLE, GNSS positioning, and support for LTE Cat 1, LTE-M, and NB-IoT networks. The modems promise low-power consumption and are suitable for applications in various sectors, facilitating reliable cellular communication worldwide.