None
DE
Digi International (NASDAQ:DGII) Hits New 52-Week High on Strong Earnings
['Joseph Griffin']
Ticker Report
Digi International Inc. (NASDAQ:DGII – Get Free Report) reached a new 52-week high during mid-day trading on Thursday after the company announced better than expected quarterly earnings.
Digi International had a net margin of 9.10% and a return on equity of 11.28%.
Get Digi International alerts:Digi International News SummaryHere are the key news stories impacting Digi International this week:Positive Sentiment: Digi reported fiscal third-quarter revenue of approximately $139 million, up 29% year over year, while adjusted earnings reached $0.75 per share versus analyst expectations of roughly $0.66-$0.67.
Digi International Company Profile(Get Free Report)Digi International Inc is a provider of Internet of Things (IoT) connectivity products and services designed to link devices to networks and applications securely.
Further ReadingReceive News & Ratings for Digi International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digi International and related companies with MarketBeat.com's FREE daily email newsletter.