Digi International (DGII) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.5 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +2.43%. A quarter ago, it was expected that this provider of communication adapters would post earnings of $0.51 per share when it actually produced earnings of $0.56, delivering a surprise of +9.8%.Over the last ...

Digi International (NasdaqGS:DGII) Q1 2026 Earnings call February 04, 2026 05:00 PM ET Company ParticipantsJamie Loch - CFORon Konezny - President and CEOConference Call ParticipantsAnthony Stoss - Partner and Senior Equity Research AnalystJames Fish - Managing Director and Senior Equity Research AnalystJosh Nichols - Senior Research AnalystScott Searle - Managing Director and Senior Equity Research AnalystTommy Moll - Managing Director and Senior Equity Research AnalystOperatorGood day everyone, and welcom ...

Financial Data and Key Metrics Changes - Digi International reported quarterly revenues of $122 million, an 18% increase year-over-year [4] - Annualized recurring revenue (ARR) reached $157 million, up 31% year-over-year, marking the fifth consecutive quarter of double-digit growth [4] - Adjusted EBITDA for the quarter was $32 million, a 23% increase year-over-year, with an adjusted EBITDA margin of 25.8% [4] - The company generated $36 million in cash during the quarter [4] Business Line Data and Key Metrics Changes - IoT solutions segment grew by 32% year-over-year, while IoT products and services segment grew by 26% year-over-year [5] - The integration of the Jolt acquisition into the SmartSense One platform is progressing well, with positive customer responses and cross-selling opportunities [5][6] Market Data and Key Metrics Changes - The company is experiencing strong demand across various verticals, including mass transit, utilities, and retail digital signage, with some success noted in the data center segment [18] - The demand environment is improving, particularly in relation to AI infrastructure buildout [20] Company Strategy and Development Direction - The acquisition of Particle is expected to enhance Digi's edge-to-cloud capabilities and expand its addressable market in IoT device management [6][7] - The company aims to achieve $200 million in ARR and adjusted EBITDA by the end of fiscal 2028, with strategic acquisitions being a priority [8] - Digi is focusing on profitable growth rather than growth at all costs, emphasizing the importance of scaling the business sustainably [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing strength of various business segments, despite challenges such as commodity prices and memory pricing volatility [37] - The company plans to provide further updates on guidance after the second fiscal quarter, reflecting a cautious approach to annual guidance adjustments [32][38] Other Important Information - For fiscal 2026, the company anticipates ARR growth of 23%, revenue growth of 14%-18%, and adjusted EBITDA growth of 17%-21% [10] - The adjusted net income per diluted share is expected to be between $0.56 and $0.59, including an impact from interest of $0.05 to $0.06 per diluted share [11] Q&A Session Summary Question: Demand environment update and data centers - Management noted success across various verticals, including mass transit and utilities, with improving conditions in the data center segment [18][20] Question: Sales synergy opportunities with Particle - The integration of Particle is expected to enhance embedded-as-a-service offerings, allowing for deeper engagement with OEM customers [22] Question: Growth strategy for Particle and profitability management - The focus will be on profitable growth, leveraging Particle's service-oriented culture to enhance Digi's existing offerings [28][29] Question: Gross margin expectations - Management indicated that gross margins are expected to continue to improve as ARR grows, with historical trends suggesting a 10-15 basis point expansion [35] Question: Competitive landscape and growth dynamics - The company is optimistic about its cellular router and Ventus segments, with a focus on becoming a solution provider rather than just a device manufacturer [47] Question: Memory pricing impact on device customers - Management is actively managing supply allocations and exploring alternative providers to mitigate memory pricing volatility [56] Question: Update on Jolt synergies - Integration efforts for Jolt are on track, with successful collaboration between field teams and support services [59]

Digi International (NasdaqGS:DGII) Q1 2026 Earnings call February 04, 2026 05:00 PM ET Speaker4Good day everyone, and welcome to Digi International Inc. First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To participate, you will need to press *11 on your telephone. You will then hear a message advising your hand is raised. To withdraw your question, simply press *11 again. Pleas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 001-34033 DIGI INTERNATIONAL INC. (Exact name of registrant as specified in its charter) Delaware 41-1532464 (State or other jurisdict ...

Exhibit 99.1 (Minneapolis, MN, February 4, 2026) - Digi International Inc. ("Digi" or the "Company") (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 first fiscal quarter ended December 31, 2025. First Fiscal Quarter 2026 Results Compared to First Fiscal Quarter 2025 Results 1 (1) Fiscal 2026 results include the results of Jolt. Reconciliations of non-GAAP financial measures t ...

Financial Data and Key Metrics Changes - The company reported a total of 37,589,332 shares issued and outstanding as of the record date, with each share entitled to one vote [4] - The meeting confirmed a quorum was present for the transaction of business, indicating strong shareholder engagement [5] Business Line Data and Key Metrics Changes - No specific financial data or key metrics related to individual business lines were provided in the meeting records Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company emphasized the importance of forward-looking statements, indicating a focus on future growth and potential risks associated with financial performance [7] Management's Comments on Operating Environment and Future Outlook - Management cautioned that actual results could differ materially from projections, highlighting the inherent risks and uncertainties in the current operating environment [7] Other Important Information - The company provided access to its annual report on Form 10-K for the fiscal year ended September 30, 2025, which includes important risk factors [7] Q&A Session All Questions and Answers Question: What are the key risks associated with the company's forward-looking statements? - Management indicated that the actual results could differ materially from those projected due to various risk factors outlined in the annual report [7] Question: How did the voting on executive compensation and auditor appointment go? - The non-binding advisory vote regarding executive compensation received more votes for than against, and the proposal to ratify the appointment of Deloitte & Touche LLP was approved by a majority [6]

Financial Data and Key Metrics Changes - The company reported a total of 37,589,332 shares issued and outstanding as of the record date, with a majority of votes represented at the meeting [4][6] - The non-binding advisory vote regarding executive compensation received more votes in favor than against, indicating shareholder support [6] Business Line Data and Key Metrics Changes - No specific data on business line performance or key metrics was provided in the meeting [1] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [1] Company Strategy and Development Direction and Industry Competition - The company emphasized the importance of forward-looking statements and acknowledged the risks and uncertainties associated with them, indicating a cautious approach to future projections [7][8] Management Comments on Operating Environment and Future Outlook - Management highlighted that actual results could differ materially from projections, referencing the risk factors detailed in the annual report [7][8] Other Important Information - The meeting included the election of two incumbent directors and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2026 [5][6] Q&A Session All Questions and Answers Question: What are the company's future growth prospects? - The company did not provide specific answers to questions during the meeting, but indicated that questions could be addressed later through their investor relations website [2][9]

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Digi International (DGII) due to higher revenues, with a focus on how actual results will compare to estimates [1] Earnings Expectations - Digi International is expected to report quarterly earnings of $0.55 per share, reflecting a +10% change year-over-year [3] - Revenues are projected to be $115.67 million, which is an increase of 11.4% from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 0.68% lower in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Digi International is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.22% [12] Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10] - Stocks with a positive Earnings ESP and a solid Zacks Rank have historically produced a positive surprise nearly 70% of the time [10] Historical Performance - In the last reported quarter, Digi International had an earnings surprise of +9.80%, reporting $0.56 per share against an expectation of $0.51 [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock movement, and an earnings miss does not guarantee a decline [15] - Digi International does not currently appear to be a compelling earnings-beat candidate, and investors should consider additional factors before making investment decisions [17]

Financial Results Announcement - Digi International Inc. will release its financial results for the first fiscal quarter of 2026 on February 4, after market close at approximately 4:00 p.m. ET [1] - A conference call will be hosted by CEO Ron Konezny and CFO Jamie Loch on the same day at 5:00 p.m. ET to discuss the results and answer questions [1] Conference Call Details - Participants are encouraged to pre-register for the conference call to obtain the dial-in number and passcode [2] - It is advised for participants to dial in 15 minutes prior to the start time [2] - A live webcast of the conference call will be available through the investor relations section of Digi's website [2] Replay Information - A replay of the conference call will be available approximately two hours after its completion [3] - The replay can be accessed via webcast through the investor relations section of Digi's website and will be available for approximately one year [3] Company Overview - Digi International has been a pioneer in wireless communication since 1985, focusing on connected devices and meeting the needs of users and enterprises [4] - The company has developed M2M and IoT devices, adapting to evolving network standards and optimizing data communications [5] - Digi's IoT offerings include sensor-based solutions and a platform for remotely monitoring device deployments, along with professional design and implementation services [6]