- Publication year : 2024
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Digi International Inc. (headquartered in the U.S., NASDAQ: DGII), a provider of IoT (Internet of Things) connectivity products and services, recently announced its performance for the fiscal year 2024 (October 2023 to September 2024). The performance for fiscal year 2024 (compared to fiscal year 2023) is as follows: - Revenue was $424 million, a decrease of 5% - Gross profit margin was 58.9%, an increase of 220 basis points - Net income was $23 million compared to $25 million in the previous year - Diluted earnings per share were $0.67 compared to $0.61 - Adjusted earnings per share remained at $1.99 from the previous year - Adjusted EBITDA increased by 2% to $98 million [Regarding fiscal year 2025] Revenue for the first quarter is forecasted to be between $100 million and $106 million. Adjusted EBITDA is estimated to be between $24 million and $25.5 million. Adjusted earnings per share, assuming a weighted average diluted share count of 37.7 million shares, is expected to be between $0.46 and $0.50 on a diluted basis.
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Free membership registrationDigi International, a provider of IoT (Internet of Things) connectivity products and services based in the U.S. (NASDAQ: DGII), has recently announced a brand new subscription-based solution called "Digi 360" that supports the ease of use of Digi cellular routers, visibility in deployment, and optimized ROI. Digi 360 offers a comprehensive connectivity package that includes dedicated devices, software, services, and enhanced warranties to simplify the deployment of IoT projects and alleviate the challenges companies face during setup, deployment, and management. By utilizing Digi 360, customers can enjoy the benefits of the latest tools and resources to efficiently manage and protect deployments across a wide range of enterprise, industrial, and transportation environments, enabling automation and edge computing with Digi's robust devices and evolving use cases. This comprehensive solution provides an unparalleled customer experience that minimizes barriers and maximizes return on investment.
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Free membership registrationDigi International, a provider of IoT (Internet of Things) connectivity products and services based in the United States (NASDAQ: DGII), has recently announced the Digi ConnectCore MP25 system-on-module (SOM), which is wireless and power-efficient. Featuring AI and machine learning capabilities with an integrated neural processing unit and image signal processor, the Digi ConnectCore MP25 is designed for next-generation computer vision applications in critical fields such as industrial, medical, energy, and transportation. This module offers reliable wireless connectivity and time-sensitive networking (TSN), making it ideal for smart portable devices and Industry 4.0.
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Free membership registrationDigi International, a provider of IoT connectivity products and services (headquartered in the U.S., NASDAQ: DGII), recently announced the launch of "Digi LifeCycle Assurance," a service designed to enhance support for protecting critical connectivity systems, enabling improved performance, enhanced security, and reduced downtime for critical systems. Amid complex connectivity challenges, Digi's LifeCycle Assurance, designed to ensure continuous security, reliability, and performance for critical systems, provides a protective layer for the new deployments of Digi AnywhereUSB Plus, Digi Connect EZ, and Digi Connect IT 16/48. LifeCycle Assurance allows users to mitigate risks and optimize efficiency throughout the product lifecycle, helping businesses manage and maintain their network infrastructure more effectively and maximize their investment value.
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Free membership registrationDigi International Inc. (headquartered in the U.S., NASDAQ: DGII) has recently announced the launch of its 5G edge computing industrial IoT cellular router solution, the "Digi IX40." The Digi IX40 is designed for Industry 4.0 applications such as advanced robotics, predictive maintenance, asset monitoring, industrial automation, and smart manufacturing. The features of this solution, fully integrated with Digi Remote Manager, enhance security and scalability while ensuring speed, reliability, and efficiency. The Digi IX40 cellular solution supports 5G connectivity and edge intelligence, seamlessly connecting multiple devices in the most demanding environments, both wired and wireless. It optimizes the integration of operational technology (OT) services and information technology (IT) provided in the cloud, enabling visibility, monitoring, and control across the entire network.
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