(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 107.7MM | +2% |
Gross Profit | 62.3MM | +2% |
Cost Of Revenue | 45.4MM | +1% |
Operating Income | 8.2MM | -33% |
Operating Expenses | 54.2MM | +11% |
Net Income | 4MM | -231% |
R&D | 15MM | +3% |
G&A | 18.6MM | +27% |
Marketing | 20.5MM | +5% |
Interest Expense | 3.7MM | -35% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
MINNEAPOLIS, May 07, 2024--Digi International Prevails in Patent Infringement Case
With its stock down 17% over the past week, it is easy to disregard Digi International (NASDAQ:DGII). However, the...
Digi International Inc. (NASDAQ:DGII) Q2 2024 Earnings Call Transcript May 2, 2024 Digi International Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and thank you for standing by and welcome to the Q2 2024 Digi International Inc. […]
Despite facing cautious market conditions, Digi International Inc reports record ARR and gross margins, alongside strategic leadership enhancements.
Q2 2024 Digi International Inc Earnings Call
Digi International (DGII) delivered earnings and revenue surprises of 4.26% and 0.68%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Revenue Declines Slightly as Company Focuses on Long-term Strategic Goals
MINNEAPOLIS, May 01, 2024--Digi International® Inc. (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 second fiscal quarter ended March 31, 2024.
Finding stocks to buy in today’s relatively overvalued and volatile market isn’t as easy as it was when initial rate cuts dropped top stocks to bottom-barrel pricing. While many quickly point to tech stocks as the main wealth drivers in today’s economy, forward-thinking investors know to seek diversification across industries, geographic locations, size, scale, and more. Likewise, finding long-term stocks to buy demands thorough due diligence to ensure that a company has a strategic vision and a
Digi International Inc. ( NASDAQ:DGII ), is not the largest company out there, but it received a lot of attention from...