Core Insights - Digi International has partnered with Simetric to enhance its IoT connectivity offerings through validated eSIM orchestration and lifecycle control, allowing for improved management of distributed IoT environments [1][3] Industry Context - As enterprises expand globally, they encounter increased complexity in managing devices, data, and connectivity across various carriers, with eSIM technology playing a crucial role in enabling carrier choice and remote provisioning [2] - The global eSIM market is projected to grow significantly, with Juniper Research estimating 3.4 billion IoT eSIM connections by 2025 and 40 billion by 2034, indicating a strong demand for validated orchestration platforms [5] Company Developments - Digi's collaboration with Simetric aims to simplify eSIM and distributed device management, utilizing Simetric's orchestration platform to normalize data and workflows, ensuring a standardized eSIM experience for customers [3][4] - Digi is among the first IoT solution providers to align its commercial deployments with GSMA .32 standards, setting a benchmark for interoperability and lifecycle governance in distributed networking [4] - The partnership is part of Digi's strategy leading into Mobile World Congress 2026, where the company will showcase innovations in validated eSIM management [6] Strategic Positioning - The CEO of Simetric highlighted that Digi is setting a precedent for how enterprises will manage global connectivity in the future by aligning with GSMA .32 validation and distributed orchestration [7]

Core Insights - Lantronix Inc. is set to launch new Edge AI solutions at CES 2026, showcasing its advancements in compute and connectivity IoT solutions for Edge AI applications [1][2] Company Developments - The company is enhancing its leadership in the Edge AI market with new embedded compute, surveillance, and autonomous systems solutions [2] - CEO Saleel Awsare emphasized the importance of collaboration with technology leaders like Qualcomm, Teledyne Flir, and Vodafone to deliver high-performance Edge AI solutions [2] - Lantronix will provide demonstrations of its new Edge AI solutions aimed at real-time decision-making in high-growth industries during CES [3] Strategic Impact and Market Opportunity - The edge computing market is expected to experience exponential growth, positioning Lantronix to benefit from the increasing demand for distributed AI processing [4] - Analysts predict a rapid shift of enterprise data processing towards the edge, driven by the need for real-time AI and distributed intelligence [4] - Lantronix's AI-at-the-edge solutions are gaining traction across various sectors, including autonomous systems, critical infrastructure, and industrial AI applications, which supports a long-term shift towards higher-value, recurring-revenue Edge AI offerings [4] Product Innovations - The company is introducing new System-on-Module (SOM) solutions powered by Qualcomm chipsets, designed for demanding AI workloads [7] - An integrated Smart Surveillance Gateway and Smart PoE/LV Switches will create a comprehensive AI-driven video analytics platform for enterprise and industrial use [7] - New compute solutions for robotics and UAVs are being developed on the latest Qualcomm processors to support autonomous platforms [7] Industry Applications - Lantronix is involved in advanced decision-making and data optimization for drones, including support for the U.S. Army's Short-Range Reconnaissance drone program [8] - The company is enabling remote management of power and communications assets in smart cities through edge boxes for a global mobile network operator [8] - Intelligent event detection and real-time alerts are being implemented to reduce bandwidth and storage needs for enterprises and security companies [8] Company Overview - Lantronix Inc. is recognized as a global leader in Edge AI and Industrial IoT solutions, providing intelligent computing, secure connectivity, and remote management for mission-critical applications [9] - The company serves high-growth markets such as smart cities, enterprise IT, and unmanned systems, helping customers optimize operations and accelerate digital transformation [9]

| Nevada | 3823 | 46-3355876 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) | Classification Code Number) | Identification No.) | 2311 East Locust Court, Ontario, CA 91761 As filed with the Securities and Exchange Commission on December 8, 2025 (Address of principal executive offices) (Zip Code) Registration No. 333-[------] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATI ...

Core Insights - The cellular IoT market is projected to grow significantly, with connections expected to reach 5.9 billion by 2035, driven by the adoption of 5G technologies [1][4] Group 1: 5G RedCap Technology - 5G RedCap is identified as a transformative development in the cellular IoT landscape, with adoption expected to gain momentum starting in 2025 [2][3] - The technology serves as an optimal mid-tier connectivity solution for 5G devices that do not require advanced specifications like uRLLC or eMBB, providing futureproofing as 4G networks phase out beyond 2030 [2][3] Group 2: Automotive Segment Growth - The automotive segment is anticipated to grow from 500 million connections to approximately 1.2 billion by 2035, increasing its market share from 13% to 21% [4][5] - This growth is primarily driven by rising consumer demand for intelligent vehicles equipped with 5G connectivity, particularly in Asia & Oceania [4][5] Group 3: Market Trends and Analysis - Omdia's Cellular IoT Market Tracker 2021-2035 provides comprehensive analysis on trends in the cellular IoT market, including regional insights, air interface applications, module shipments, revenues, and connectivity revenues [6]

Core Insights - Samsara, Inc. reported strong third-quarter results, with earnings of 15 cents per share, surpassing the analyst estimate of 12 cents, and quarterly revenue of $415.98 million, exceeding the Street estimate of $398.47 million, and up from $321.98 million year-over-year [1][2] Financial Performance - The company ended Q3 with an Annual Recurring Revenue (ARR) of $1.75 billion, indicating durable and efficient growth [2] - Quarterly revenue increased by approximately 29% compared to the same period last year, from $321.98 million to $415.98 million [1] Analyst Ratings and Price Targets - BMO Capital maintained an Outperform rating and raised the price target from $47 to $50 [4] - B of A Securities maintained a Buy rating and increased the price target from $53 to $55 [4] - RBC Capital kept an Outperform rating and raised the price target from $46 to $50 [4] - JP Morgan maintained a Neutral rating and increased the price target from $46 to $48 [4] - Wells Fargo maintained an Overweight rating and raised the price target from $50 to $52 [4] - TD Cowen maintained a Buy rating and increased the price target from $49 to $55 [4] - Piper Sandler maintained an Overweight rating and raised the price target from $48 to $49 [4]

Financial Data and Key Metrics Changes - The company ended Q3 with $1.75 billion in ARR, growing 29% year over year [4] - Achieved first quarter of GAAP profitability in Q3 [4] - Q3 revenue was $416 million, also growing 29% year over year [17] - Net new ARR increased by $105 million, a 24% year-over-year increase or 23% in constant currency [17][24] - Non-GAAP gross margin was 78%, with a non-GAAP operating margin of 19%, up 9 percentage points year over year [24] Business Line Data and Key Metrics Changes - Added 219 customers with $100,000+ in ARR, a quarterly record [4] - Customers contributing $100,000+ in ARR now exceed $1 billion, growing 36% year over year [4] - Added 17 customers with $1 million+ in ARR, tying a quarterly record [4][19] - 20% of net new ACV in Q3 came from emerging products launched since last year [15][21] Market Data and Key Metrics Changes - Construction contributed the highest net new ACV mix for the ninth consecutive quarter [23] - Public sector net new ACV grew approximately 100% year over year, crossing $100 million in ending ARR [23] - 16% of net new ACV came from non-U.S. geographies, with Europe contributing its highest-ever quarterly net new ACV mix [23] Company Strategy and Development Direction - The company focuses on partnering with large, complex operations organizations to drive growth [4] - Emphasizes the importance of AI in transforming safety coaching and automating operations [10][56] - Plans to continue investing in international markets, particularly in Europe, Canada, and Mexico, which are less penetrated [12][67] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining durable growth due to a unique defensible data advantage and AI-driven innovation [16][25] - The company anticipates that Q4 will be its seasonally largest quarter, with expectations for higher initial FY27 revenue guidance [29] - Management highlighted the importance of safety and efficiency in driving customer value, particularly in the context of AI [66] Other Important Information - The company was recognized by Fortune, ranking seventh on their Fortune Future 50 list [14] - New AI-powered features were launched to enhance customer operations and safety [10][11] Q&A Session Summary Question: What is enabling the large customer momentum? - Management attributed this to investments in scale, security, and infrastructure, along with the ability to manage large data and customize products for complex organizations [27] Question: Any high-level commentary on fiscal 2027? - Management indicated that initial FY27 revenue guidance would likely be higher than current consensus due to Q3 outperformance [29] Question: What drove the increase in contribution from new products? - The increase to 20% from 8% reflects growth across multiple new products launched earlier in the year [32][34] Question: How should we think about the sustainability of enterprise traction? - Management emphasized that significant investments in R&D and go-to-market resources are driving momentum, with a focus on larger deals that may have longer sales cycles [75] Question: How is the public sector opportunity expected to sustain momentum? - Management noted that state and local governments are sharing success stories, which is driving further adoption and value realization [71]

Financial Data and Key Metrics Changes - The company ended Q3 with $1.75 billion in ARR, growing 29% year over year [3][16] - Achieved first quarter of GAAP profitability in Q3 [3][14] - Q3 revenue was $416 million, also growing 29% year over year [16][22] - Non-GAAP gross margin was 78%, with a non-GAAP operating margin of 19%, up 9 percentage points year over year [22] - Free cash flow margin was 13% in Q3, up 4 percentage points year over year [22] Business Line Data and Key Metrics Changes - Added 219 customers with $100,000+ in ARR, a quarterly record [3][14] - Customers contributing $100,000+ in ARR now exceed $1 billion, growing 36% year over year [3][17] - Added 17 customers with $1 million+ in ARR, tying a quarterly record [3][14] - 20% of net new ACV in Q3 came from emerging products launched since last year [14][19] Market Data and Key Metrics Changes - Construction contributed the highest net new ACV mix for the ninth consecutive quarter [21] - Public sector net new ACV grew approximately 100% year over year, crossing $100 million in ending ARR [21] - 16% of net new ACV came from non-U.S. geographies, with Europe contributing its highest-ever quarterly net new ACV mix [21] Company Strategy and Development Direction - The company focuses on partnering with large, complex operations organizations to drive growth [3][4] - Emphasizes the importance of AI in transforming safety coaching and automating operations [9][15] - Plans to continue investing in international markets, particularly in Europe, Canada, and Mexico, which are less penetrated [11][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to sustain durable growth and create long-term shareholder value [14][23] - Noted that large customer momentum is a significant driver of growth, with a focus on delivering fast, tangible ROI [14][15] - Management highlighted the ongoing digital transformation across physical operations as a key opportunity [15][23] Other Important Information - The company launched new AI-powered coaching features to enhance customer engagement and operational efficiency [9][10] - Recognized by Fortune, ranking seventh on their Fortune Future 50 list, indicating strong long-term growth potential [13] Q&A Session Summary Question: What is enabling the large customer momentum? - The company has invested in scale, security, and infrastructure to serve large customers, focusing on managing massive data and customizing products to meet their needs [25][26] Question: Any high-level commentary on fiscal 2027? - While formal guidance for FY27 is not provided, initial revenue guidance is expected to be higher than current consensus due to Q3 outperformance [27][28] Question: What drove the increase in contribution from new products? - The increase reflects growth across multiple new products launched earlier in the year, indicating strong customer trial and adoption [29][30] Question: How should we think about the sustainability of enterprise traction? - The company has invested significantly in R&D and go-to-market resources to support enterprise growth, with a focus on scalability and security [55][56]

Disclaimer and Statement Regarding Use of Non-GAAP Measures This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may relate to, but are not limited to, expectations of future operating results or financial performance, market size and growth, industry developments and trends, the calculation of certain of our financial and operating metrics, capital expenditures, future p ...

Samsara (NYSE: IOT) delivered a milestone quarter after the close on Dec. ...

Group 1: Alarm.com Holdings, Inc. (ALRM) - Alarm.com Holdings is an IoT and solutions company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 5.5% over the last 60 days [1] - The company has a PEG ratio of 1.63, compared to 3.18 for the industry, indicating strong growth potential [1] - Alarm.com Holdings possesses a Growth Score of B [1] Group 2: Micron Technology, Inc. (MU) - Micron Technology is a semiconductor company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 7% over the last 60 days [2] - The company has a PEG ratio of 0.48, compared to 1.41 for the industry, suggesting favorable growth characteristics [2] - Micron Technology possesses a Growth Score of B [2] Group 3: Great Lakes Dredge & Dock Corporation (GLDD) - Great Lakes Dredge & Dock Corporation is a dredging services provider with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 7.8% over the last 60 days [3] - The company has a PEG ratio of 0.97, compared to 2.81 for the industry, indicating strong growth potential [3] - Great Lakes Dredge & Dock Corporation possesses a Growth Score of A [3]