NASDAQ:DGII
Digi International Inc. Stock Earnings Reports
$34.43
-0.700 (-1.99%)
At Close: Feb 12, 2025
Digi International. Earnings Calls
Q4 2024
Release date | Feb 05, 2025 |
EPS estimate | $0.500 |
EPS actual | $0.500 |
Revenue estimate | 104.079M |
Revenue actual | 103.866M |
Revenue Surprise | -0.205% |
Q3 2024
Beat
$0.520 (4.00%)
Release date | Nov 13, 2024 |
EPS estimate | $0.500 |
EPS actual | $0.520 |
EPS Surprise | 4.00% |
Revenue estimate | 104.08M |
Revenue actual | 105.052M |
Revenue Surprise | 0.93% |
Q2 2024
Release date | Aug 07, 2024 |
EPS estimate | $0.500 |
EPS actual | $0.500 |
Revenue estimate | 105.6M |
Revenue actual | 105.203M |
Revenue Surprise | -0.376% |
Q1 2024
Beat
$0.490 (4.26%)
Release date | May 01, 2024 |
EPS estimate | $0.470 |
EPS actual | $0.490 |
EPS Surprise | 4.26% |
Revenue estimate | 112.65M |
Revenue actual | 107.702M |
Revenue Surprise | -4.39% |
Last 4 Quarters for Digi International.
Below you can see how DGII performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Beat
Release date | May 01, 2024 |
Fiscal end date | Mar 31, 2024 |
Price on release | $30.72 |
EPS estimate | $0.470 |
EPS actual | $0.490 |
EPS surprise | 4.26% |
Date | Price |
---|---|
Apr 25, 2024 | $30.59 |
Apr 26, 2024 | $30.95 |
Apr 29, 2024 | $30.97 |
Apr 30, 2024 | $30.66 |
May 01, 2024 | $30.72 |
May 02, 2024 | $25.50 |
May 03, 2024 | $25.73 |
May 06, 2024 | $27.01 |
May 07, 2024 | $26.60 |
4 days before | 0.425% |
4 days after | -13.41% |
On release day | -16.99% |
Change in period | -13.04% |
Q2 2024
Release date | Aug 07, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $23.20 |
EPS estimate | $0.500 |
EPS actual | $0.500 |
Date | Price |
---|---|
Aug 01, 2024 | $25.11 |
Aug 02, 2024 | $24.30 |
Aug 05, 2024 | $22.92 |
Aug 06, 2024 | $23.39 |
Aug 07, 2024 | $23.20 |
Aug 08, 2024 | $27.58 |
Aug 09, 2024 | $27.22 |
Aug 12, 2024 | $27.35 |
Aug 13, 2024 | $27.80 |
4 days before | -7.61% |
4 days after | 19.83% |
On release day | 18.88% |
Change in period | 10.71% |
Q3 2024
Beat
Release date | Nov 13, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $31.97 |
EPS estimate | $0.500 |
EPS actual | $0.520 |
EPS surprise | 4.00% |
Date | Price |
---|---|
Nov 07, 2024 | $32.00 |
Nov 08, 2024 | $32.34 |
Nov 11, 2024 | $33.22 |
Nov 12, 2024 | $32.62 |
Nov 13, 2024 | $31.97 |
Nov 14, 2024 | $31.68 |
Nov 15, 2024 | $31.41 |
Nov 18, 2024 | $31.00 |
Nov 19, 2024 | $31.18 |
4 days before | -0.0938% |
4 days after | -2.47% |
On release day | -0.91% |
Change in period | -2.56% |
Q4 2024
Release date | Feb 05, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $30.41 |
EPS estimate | $0.500 |
EPS actual | $0.500 |
Date | Price |
---|---|
Jan 30, 2025 | $30.99 |
Jan 31, 2025 | $31.25 |
Feb 03, 2025 | $29.94 |
Feb 04, 2025 | $30.39 |
Feb 05, 2025 | $30.41 |
Feb 06, 2025 | $35.68 |
Feb 07, 2025 | $35.40 |
Feb 10, 2025 | $35.64 |
Feb 11, 2025 | $35.13 |
4 days before | -1.87% |
4 days after | 15.52% |
On release day | 17.33% |
Change in period | 13.36% |
Digi International. Earnings Call Transcript Summary of Q4 2024
Digi International Inc.
This transition indicates a shift from one-time sales to multi-year solution agreements.
- Gross Margins: Achieved an all-time high of 60%, driven by solution strategies and a disciplined approach to operating expenses, which remained flat year-over-year.
- Debt Management: Reduced interest payments through a restructuring of the debt facility, leading to a net debt to adjusted EBITDA ratio of less than 1. The company expects to be net debt free by the end of calendar 2025.
Performance Outlook:
- Fiscal 2025 Expectations:
- ARR is expected to continue growing, driven by both product and services segments, fostering a potential double-digit growth.
- Projected flat revenue growth as the company prioritizes ARR and moves towards solution packages, leading to diminished one-time revenue.
- Investment in new solutions and technology, including the launch of the Digi 360 and focus on retaining and extending existing customers.
Market Conditions:
- Supply chain challenges have normalized; however, ongoing economic uncertainties may lead to elongated sales cycles and fluctuating order patterns.
- The industrial economy shows contraction, but strength remains in sectors like AI, data centers, utilities, and renewables.
- Potential risks from tariffs persist, though Digi has diversified its supply chain to mitigate impacts.
Strategic Insights:
- Digi is focused on providing comprehensive solutions rather than just products, addressing customer needs in the industrial IoT sector.
- Continuous exploration of mergers and acquisitions (M&A) to align with strategic goals focused on ARR and profitable growth is underway.
Long-Term Goals:
- Confident in achieving five-year targets of $200 million in ARR and $200 million in adjusted EBITDA.
- Commitment to resilience, innovation, and customer focus as key drivers of strategy moving forward.
Investor Engagement:
- The management team will attend the Stephens annual investment conference for further discussions with interested investors.
Digi International. Earnings History
Earnings Calendar
FAQ
When is the earnings report for DGII?
Digi International Inc. (DGII) has scheduled its earnings report for May 07, 2025 after the markets close.
What is the DGII price-to-earnings (P/E) ratio?
DGII P/E ratio as of Feb 12, 2025 (TTM) is 36.68.
What is the DGII EPS forecast?
The forecasted EPS (Earnings Per Share) for Digi International Inc. (DGII) for the first fiscal quarter 2025 is $0.470.
What are Digi International Inc.'s retained earnings?
On its balance sheet, Digi International Inc. reported retained earnings of $103.87 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.