Digi International Inc. (DGII)

NASDAQ: DGII · IEX Real-Time Price · USD
23.80
+0.26 (1.10%)
Dec 1, 2023, 4:00 PM EST - Market closed
1.10%
Market Cap 859.32M
Revenue (ttm) 444.85M
Net Income (ttm) 24.77M
Shares Out 36.11M
EPS (ttm) 0.67
PE Ratio 35.52
Forward PE 11.21
Dividend n/a
Ex-Dividend Date n/a
Volume 193,372
Open 23.39
Previous Close 23.54
Day's Range 23.14 - 23.97
52-Week Range 21.25 - 42.95
Beta 1.31
Analysts Strong Buy
Price Target 39.40 (+65.55%)
Earnings Date Feb 1, 2024

About DGII

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services, and IoT Solutions. It offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote acc... [Read more]

Sector Technology
Founded 1985
Employees 822
Stock Exchange NASDAQ
Ticker Symbol DGII
Full Company Profile

Financial Performance

In 2023, DGII's revenue was $444.85 million, an increase of 14.59% compared to the previous year's $388.23 million. Earnings were $24.77 million, an increase of 27.79%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for DGII stock is "Strong Buy." The 12-month stock price forecast is $39.4, which is an increase of 65.55% from the latest price.

Price Target
$39.4
(65.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Digi International Reports Fourth Fiscal Quarter and Full Fiscal 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

24 days ago - Business Wire

Digi International to Release Fourth Fiscal Quarter and Full Fiscal 2023 Earnings Results and Host Conference Call on November 9, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the fourth fiscal quarter and full fiscal 2023 on Thursday, November 9, 2023, before mar...

7 weeks ago - Business Wire

New Research: A Quarter of US Network Engineers Are Set to Retire in Five Years

EDISON, N.J.--(BUSINESS WIRE)--New Research: A Quarter of US Network Engineers Are Set to Retire in Five Years.

2 months ago - Business Wire

Digi International Reports Third Fiscal Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

4 months ago - Business Wire

How Far Will Digi International Run Up After Q3 Report?

If you enjoy uncovering those lesser-known, small companies that are racking up price and earnings gains because their products and services are hot, then you'll want to know about Minnesota-based Dig...

4 months ago - MarketBeat

Digi International to Release Third Fiscal Quarter 2023 Earnings Results and Host Conference Call on August 3, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results in a shareholder letter for the third fiscal quarter 2023 on Thursday, August 3, 2023, befor...

5 months ago - Business Wire

Digi International Reports Second Fiscal Quarter 2023 results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

7 months ago - Business Wire

Digi International to Release Second Fiscal Quarter 2023 Earnings Results and Host Conference Call on May 4, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results in a shareholder letter for the second fiscal quarter 2023 on Thursday, May 4, 2023, before ...

8 months ago - Business Wire

Digi International Bolsters Digi Connect EZ Family of Device Servers with Launch of 8/16/32 Port Options

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International, (NASDAQ: DGII, www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced the launch ...

8 months ago - Business Wire

Digi International Provides Information Regarding Its Exposure to Silicon Valley Bank Being Placed Into Receivership

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International Inc. provides the following information on its exposure to Silicon Valley Bank (“SVB”) being closed by the California Department of Financial Protec...

9 months ago - Business Wire

Digi International Expands Industry-Leading Portfolio of Connectivity Solutions for Private Cellular Networks, Supporting Transmission and Distribution for Utilities

SAN DIEGO--(BUSINESS WIRE)--Expanding its portfolio of solutions to support private cellular networks, Digi International (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) solution...

10 months ago - Business Wire

Opengear Launches CM8100 10G Product Family to Enable Smart Out-of-Band for Hyperscalers

EDISON, N.J.--(BUSINESS WIRE)-- Opengear, a Digi International company (NASDAQ, DGII, www.digi.com/) and provider of secure and Smart Out-of-Band management solutions, today announced the expansion...

10 months ago - Business Wire

Digi International Reports First Fiscal Quarter 2023 results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today a...

10 months ago - Business Wire

Digi International Launches Digi ConnectCore® Services, Offering Software Foundation that Enables Manageability and Security of Digi ConnectCore Family of SOMs

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International (NASDAQ: DGII, www.digi.com), a leading global provider of Internet of Things (IoT) solutions, connectivity products, and services, today launched...

11 months ago - Business Wire

Digi International Launches Digi Containers to Improve Development, Operation, and Management of Custom Applications on Digi Cellular Routers

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International, (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) solutions, connectivity products, and services, today launched Digi Contain...

11 months ago - Business Wire

SmartSense by Digi to Present IoT Sensing Open Platform at NRF 2023 Retail's Big Show

BOSTON--(BUSINESS WIRE)--SmartSense by Digi® , part of Digi International (NASDAQ: DGII, www.digi.com) and a leading global provider of Internet of Things (IoT) connectivity solutions, today announc...

11 months ago - Business Wire

Digi International to Release First Fiscal Quarter 2023 Earnings Results and Host Conference Call on February 2, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results in a shareholder letter for the first fiscal quarter 2023 on Thursday, February 2, 2023, b...

11 months ago - Business Wire

SmartSense by Digi Accelerates Market Momentum Ahead of NRF 2023 Retail's Big Show

BOSTON--(BUSINESS WIRE)--SmartSense by Digi®, part of Digi International (NASDAQ: DGII, www.digi.com) and a leading global provider of Internet of Things (IoT) connectivity solutions, today announce...

11 months ago - Business Wire

Digi International Reports Fourth Fiscal Quarter and Full Fiscal 2022 results Record Annual Revenue of $388M, End of Quarter ARR of Over $94M Full Year EPS of $0.54, Adjusted EPS of $1.66

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

1 year ago - Business Wire

Digi International to Showcase Power of Digi ConnectCore MP1 System-on-Modules and Digi ConnectCore Voice Control Software at electronica 2022

MUNICH--(BUSINESS WIRE)--Digi International to Showcase Power of Digi ConnectCore MP1 System-on-Modules and Digi ConnectCore Voice Control Software at electronica 2022

1 year ago - Business Wire

DIG Restaurants Collaborates with SmartSense by Digi to Ensure Safe and Fresh Meals

BOSTON--(BUSINESS WIRE)--DIG Restaurants Collaborates with SmartSense by Digi to Ensure Safe and Fresh Meals

1 year ago - Business Wire

Digi International to Release Fourth Fiscal Quarter and Full-Year Fiscal 2022 Earnings Results and Host Conference Call on November 10, 2022

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results in a shareholder letter for the fourth fiscal quarter and fiscal full-year 2022 on Thursday,...

1 year ago - Business Wire