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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 announced its financial results for its second fiscal quarter ended March 31, 2024. Second Fiscal Quarter 2024 Results Compared to Second Fiscal Quarter 2023 Results Revenue was $108 million, a decrea...
Finding stocks to buy in today's relatively overvalued and volatile market isn't as easy as it was when initial rate cuts dropped top stocks to bottom-barrel pricing. While many quickly point to tech stocks as the main wealth drivers in today's economy, forward-thinking investors know to seek diversification across industries, geographic locations, size, scale, and more.
Digi International's earnings have consistently increased since 2020, although they are expected to grow at a slower rate this year and next year. It has initiatives that should reduce its costs and inventory, and improve its profitability. While earnings this year and next year will be constrained, the share price should continue to rise.
MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the second fiscal quarter 2024 on Wednesday, May 1, 2024, after market close. Ron Konezny, CEO, and Jamie Loch, CFO, will host a conference call the following morning, May 2, 2024, at 10:00 a.m. ET, to briefly discuss the results and will take questions and provide answers. Please click ...
MINNEAPOLIS--(BUSINESS WIRE)--Digi International to unveil the new Digi ConnectCore® MP25 System-on-Module for next-gen computer vision applications at Embedded World 2024.
There again appears to be a sizable gap between the way small caps are performing versus their larger cap peers. The Russell 2000, an index tracking the performance of small- to mid-cap companies, has not had a good first quarter in 2024.
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