Digi International Inc (DGII)
Digi International Inc. (DGII) is a global provider of innovative device connection and data platforms, specializing in Internet of Things (IoT) solutions. The company offers hardware, software, and services designed to securely connect, manage, and analyze data from a wide range of IoT applications across various industries such as healthcare, transportation, and industrial automation. Established in 1985, Digi is known for its wireless communication products, including cellular, Wi-Fi, and Ethernet modules, enabling reliable and secure device connectivity worldwide.
Company News
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Digi International (DGII) delivered earnings and revenue surprises of 4.26% and 0.68%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
An earnings beat and higher ARR got investors excited.