Digi International NASDAQ: DGII said it has agreed to acquire Oslo, Norway-based wireless sensing company Disruptive Technologies, a transaction the company expects to close following regulatory approval before the end of calendar 2026.
Does Digi International (DGII) have what it takes to be a top stock pick for momentum investors? Let's find out.
Digi International (DGII) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Digi International (DGII) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.53 per share a year ago.
Digi International NASDAQ: DGII reported record fiscal third-quarter 2026 revenue, annual recurring revenue, adjusted EBITDA margin and operating cash flow, while raising its outlook for the fourth quarter and full fiscal year.
Digi International Inc. (DGII) Q3 2026 Earnings Call Transcript
Digi International (DGII) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Digi International (DGII) and Diebold Nixdorf, Incorporated (DBD) have performed compared to their sector so far this year.
Here is how Digi International (DGII) and Hewlett Packard Enterprise (HPE) have performed compared to their sector so far this year.
Digi International Inc. is successfully pivoting toward a subscription-based, higher-margin ARR model, with recent M&A accelerating top-line growth. DGII's financials show improving margins and robust cash flow, but ROA, ROE, and ROTC remain suboptimal, indicating room for operational efficiency gains. Recent acquisitions, notably Particle, and deepening DGII's SaaS capabilities are expected to drive further ARR and margin expansion.
Digi International (DGII) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Digi International (DGII) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.