Piper Sandler initiated coverage on Digi Intl with a new price target
$DGII
Computer Communications Equipment
Telecommunications
Piper Sandler initiated coverage of Digi Intl with a rating of Overweight and set a new price target of $29.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/14/2024 | $28.00 → $32.00 | Buy → Hold | Craig Hallum |
| 5/22/2024 | $35.00 → $29.00 | Overweight → Neutral | Piper Sandler |
| 11/15/2023 | $34.00 | Buy | B. Riley Securities |
| 9/8/2022 | $41.00 | Overweight | Cantor Fitzgerald |
| 6/2/2022 | $36.00 | Overweight | Stephens |
| 8/5/2021 | $29.00 → $28.00 | Buy | Roth Capital |
S-8 - DIGI INTERNATIONAL INC (0000854775) (Filer)
10-Q - DIGI INTERNATIONAL INC (0000854775) (Filer)
8-K - DIGI INTERNATIONAL INC (0000854775) (Filer)
Growing Profit Margins, Cash Flow from Operations of $26M Revenue of $105M, Record End of Quarter ARR of $123M Digi International Inc. ("Digi" or the "Company") (NASDAQ:DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its second fiscal quarter ended March 31, 2025. Second Fiscal Quarter 2025 Results Compared to Second Fiscal Quarter 2024 Results Revenue was $105 million, a decrease of 3%. Gross profit margin was 62.1%, an increase of 420 basis points. Net income was $10 million, compared to $4 million. Net income per diluted share was $0.28, compared to $0.11
Digi International® Inc. (NASDAQ:DGII) will release its financial results for the second fiscal quarter 2025 on Wednesday, May 7, after market close, at approximately 4:00 p.m. ET. Ron Konezny, CEO, and Jamie Loch, CFO, will host a conference call later the same day, at 5:00 p.m. ET, to briefly discuss the results and will take questions and provide answers. Please click here to pre-register for the conference call and obtain your dial in number and passcode. All participants are asked to dial-in 15 minutes prior to the start time. Participants may access a live webcast of the conference call through the investor relations section of Digi's website, https://digi.gcs-web.com/ or the hos
Revenue of $104M, Record End of Quarter ARR of $120M Cash Flow From Operations of $30M Digi International® Inc. (NASDAQ:DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its first fiscal quarter ended December 31, 2024. First Fiscal Quarter 2025 Results Compared to First Fiscal Quarter 2024 Results Revenue was $104 million, a decrease of 2%. Gross profit margin was 62.0%, an increase of 440 basis points. Net income was $10 million, compared to a net loss of $3 million. Net income per diluted share was $0.27, compared to a net loss per diluted share of $0.0
SC 13G/A - DIGI INTERNATIONAL INC (0000854775) (Subject)
SC 13G/A - DIGI INTERNATIONAL INC (0000854775) (Subject)
SC 13G - DIGI INTERNATIONAL INC (0000854775) (Subject)
Strategic industry leader to provide enhanced guidance for innovative CPG practices for quality and safety 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 announced the appointment of Stefanie Miller, Managing Director of Category Strategy and Growth at Kellanova Europe, to its Food Service Advisory Board, which focuses on consumer packaged goods (CPG) safety. Miller joins a distinguished group of leaders from Giant Eagle, Inc., Schnuck Markets, Inc., NewRoad Capital Partners, Nutrition Core Solutions, and Clipper Advisory Group. This press release features multimedia. Vie
Agreement includes Germany, Switzerland & Austria Digi International® (NASDAQ:DGII, www.digi.com))), a leading global provider of Internet of Things (IoT) connectivity products and services, has appointed TOPAS electronic AG (TOPAS) as its distributor in Germany, Switzerland and Austria. Under the terms of the agreement, Digi ConnectCore® system on modules (SOM), Digi XBee® RF modules, Digi Connect® ME, NetSilicon & Rabbit® semiconductor product portfolios will be available, complemented by the wide range of support services offered by TOPAS (www.topas.de). Digi provides embedded solutions, integrating hardware and software to bring IoT connectivity to meet the mission-critical connectivi
Growing Profit Margins, Cash Flow from Operations of $26M Revenue of $105M, Record End of Quarter ARR of $123M Digi International Inc. ("Digi" or the "Company") (NASDAQ:DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its second fiscal quarter ended March 31, 2025. Second Fiscal Quarter 2025 Results Compared to Second Fiscal Quarter 2024 Results Revenue was $105 million, a decrease of 3%. Gross profit margin was 62.1%, an increase of 420 basis points. Net income was $10 million, compared to $4 million. Net income per diluted share was $0.28, compared to $0.11
Delivers low-latency, standards-based MQTT integration for scalable IIoT deployments across water, energy and industrial automation sectors Digi International®, (NASDAQ:DGII), a global leader in Internet of Things (IoT) connectivity solutions, today announced the release of MQTT for Digi Connect® Sensor XRT-M, designed for water and wastewater management, oil and gas, and industrial automation applications. MQTT for the Digi Connect Sensor XRT-M is available now. Organizations seeking to simplify and accelerate their IIoT sensor connectivity can contact Digi Sales to schedule a demo and experience the future of industrial data integration firsthand. This press release features multimedia.
Honoring industry leaders using IoT innovation to advance environmental responsibility and sustainable practices Digi International, (NASDAQ:DGII, www.digi.com)), a leading global provider of Internet of Things (IoT) connectivity products and services, proudly announces the winners of its 2025 Green Tech Customer Innovation Awards. Now in its fifth year, this prestigious award program honors companies and organizations that have demonstrated exceptional innovation and leadership in integrating Digi technology to drive sustainability and carbon reduction initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250417528695/en/
4 - DIGI INTERNATIONAL INC (0000854775) (Issuer)
4 - DIGI INTERNATIONAL INC (0000854775) (Issuer)
4 - DIGI INTERNATIONAL INC (0000854775) (Issuer)
Craig Hallum downgraded Digi Intl from Buy to Hold and set a new price target of $32.00 from $28.00 previously
Piper Sandler downgraded Digi Intl from Overweight to Neutral and set a new price target of $29.00 from $35.00 previously
B. Riley Securities initiated coverage of Digi Intl with a rating of Buy and set a new price target of $34.00