Digi International (DGII) Scheduled to Post Earnings on Thursday

Digi International (NASDAQ:DGII) is scheduled to release its earnings data after the market closes on Thursday, January 25th. Analysts expect Digi International to post earnings of $0.08 per share for the quarter. Digi International has set its Q1 guidance at ($0.02)-$0.02 EPS and its FY18 guidance at $0.23-$0.32 EPS.

Digi International (NASDAQ:DGII) last issued its quarterly earnings data on Thursday, October 26th. The technology company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.08. The firm had revenue of $45.10 million for the quarter, compared to analyst estimates of $45.66 million. Digi International had a net margin of 5.16% and a return on equity of 3.24%. The company’s revenue for the quarter was down 10.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. On average, analysts expect Digi International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Digi International (NASDAQ DGII) opened at $10.20 on Thursday. The firm has a market cap of $271.98, a P/E ratio of 29.14 and a beta of 1.44. Digi International has a 52-week low of $8.50 and a 52-week high of $14.00.

Several brokerages recently weighed in on DGII. Canaccord Genuity reaffirmed a “buy” rating on shares of Digi International in a research report on Friday, October 27th. BidaskClub downgraded Digi International from a “sell” rating to a “strong sell” rating in a report on Wednesday, December 6th. Sidoti upgraded Digi International from a “neutral” rating to a “buy” rating in a report on Monday, December 11th. Zacks Investment Research upgraded Digi International from a “sell” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, TheStreet upgraded Digi International from a “c+” rating to a “b” rating in a report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $14.00.

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About Digi International

Digi International Inc is a provider of mission and business-critical machine-to-machine (M2M) and Internet-of-Things (IoT) connectivity products and services. The Company creates connected products and deploys and manages critical communications infrastructures in a range of environments. It offers four categories of hardware products: cellular routers and gateways, radio frequency (RF), embedded and network products.

Earnings History for Digi International (NASDAQ:DGII)

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