Edition:
United States

Digi International Inc (DGII.O)

DGII.O on Nasdaq

9.90USD
23 Jun 2017
Change (% chg)

$0.25 (+2.59%)
Prev Close
$9.65
Open
$9.70
Day's High
$10.05
Day's Low
$9.55
Volume
239,987
Avg. Vol
88,066
52-wk High
$14.15
52-wk Low
$9.00

Latest Key Developments (Source: Significant Developments)

Digi International notifies employees in France of restructuring plan
Thursday, 1 Jun 2017 05:12pm EDT 

June 2 (Reuters) - Digi International Inc ::Digi International-‍ on May 31, Co notified employees who work in offices in France of its intent to institute a restructuring plan.Says in connection with restructuring plan, expect to incur charges of approximately $2.1 to $2.4 million.Says ‍under plan, it expects to eliminate eight employment positions in current fiscal quarter ending June 30, 2017​.Says most of the charges are expected to be incurred during current fiscal quarter ending June 30, 2017.Says ‍restructuring plan for EMEA and elimination of positions in U.S. expected to result in cash savings of about $2.0 million annually​.  Full Article

Digi International says evaluating strategic alternatives to reduce operating expenses near term
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Digi International ::Digi International reports second fiscal quarter 2017 results.Digi International - has been evaluating strategic alternatives to reduce operating expenses in near term.Q2 earnings per share $0.05 from continuing operations.Q2 revenue $45.6 million versus I/B/E/S view $48.3 million.Digi International - has been evaluating strategic alternatives including a restructuring of certain operations in EMEA region.Digi International - for third fiscal quarter of 2017, Digi projects revenue to be in a range of $44 million to $47 million.Digi International -for third fiscal quarter of 2017, Digi projects income per diluted share from continuing operations to be in a range of $0.03 to $0.06.Digi International - for full fiscal year 2017, Digi projects revenue to be in a range of $182 million to $189 million.Digi International - sees fy income per diluted share from continuing operations to be in a range of $0.24 to $0.30.Q3 earnings per share view $0.12, revenue view $53.2 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $0.43, revenue view $203.9 million -- Thomson Reuters I/B/E/S.Sees q3 2017 earnings per share $0.03 to $0.06 from continuing operations.Sees fy 2017 earnings per share $0.24 to $0.30 from continuing operations.Sees q3 2017 revenue $44 million to $47 million.Sees fy 2017 revenue $182 million to $189 million.Q2 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.  Full Article

Digi International sees Q2 revenue $47 mln-$50 mln
Thursday, 26 Jan 2017 04:05pm EST 

Digi International Inc : Digi international reports first fiscal quarter 2017 results . Q1 earnings per share $0.09 from continuing operations . Q1 revenue $45.2 million versus i/b/e/s view $46.6 million . Sees Q2 2017 earnings per share $0.06 to $0.09 from continuing operations . Sees FY 2017 earnings per share $0.40 to $0.48 from continuing operations . Sees Q2 2017 revenue $47 million to $50 million . Sees FY 2017 revenue $201 million to $211 million . Q1 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $0.42, revenue view $204.2 million -- Thomson Reuters I/B/E/S .Q2 earnings per share view $0.10, revenue view $50.3 million -- Thomson Reuters I/B/E/S.  Full Article

Digi International comments on latest letter from Belden Inc.
Tuesday, 6 Dec 2016 12:20pm EST 

Digi International : Co stated that Board, with independent financial, legal advisors, has reviewed, rejected Belden's proposal on multiple occasions . Given that Belden's latest letter reiterates same proposal, Co stated that "there is no basis for discussions between two companies" .Digi International comments on latest letter from Belden Inc..  Full Article

Digi International posts Q4 earnings $0.14/shr from continuing operations
Thursday, 27 Oct 2016 04:05pm EDT 

Digi International Inc : Digi International reports fourth fiscal quarter and full year 2016 results . Sees Q1 2017 earnings per share $0.06 to $0.08 from continuing operations . Q4 earnings per share $0.14 from continuing operations . Sees Q1 2017 revenue $45 million to $48 million . Sees FY 2017 revenue $200 million to $210 million . Q4 revenue $50.5 million versus I/B/E/S view $51.5 million . Sees FY 2017 earnings per share $0.38 to $0.46 from continuing operations . Q4 earnings per share view $0.11 -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.10, revenue view $51.6 million -- Thomson Reuters I/B/E/S .Fy2017 earnings per share view $0.47, revenue view $216.7 million -- Thomson Reuters I/B/E/S.  Full Article

Digi International reports third fiscal quarter 2016 results
Thursday, 28 Jul 2016 04:05pm EDT 

Digi International Inc : FY2016 revenue view $208.0 million -- Thomson Reuters I/B/E/S . Digi international reports third fiscal quarter 2016 results . Sees Q4 2016 earnings per share $0.09 to $0.12 from continuing operations . Q3 adjusted earnings per share $0.15 from continuing operations . Q3 earnings per share $0.16 from continuing operations . Sees Q4 2016 revenue $50 million to $53 million . Sees FY 2016 revenue $203 million to $206 million . Q3 revenue $52.1 million versus I/B/E/S view $52.6 million . Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S .Q4 earnings per share view $0.10, revenue view $54.7 million -- Thomson Reuters I/B/E/S.  Full Article

Symmetry Electronics, Digi International announce global distribution agreement
Tuesday, 24 May 2016 09:00am EDT 

Digi International Inc :Symmetry electronics and digi international announce global distribution agreement.  Full Article

Digi International Inc updates FY 2016 outlook; gives Q3 2016 guidance
Thursday, 28 Apr 2016 04:05pm EDT 

Digi International Inc:For Q3 2016, project revenue to be in the range of $51 million to $54 million.project income per diluted share from continuing operations to be in the range of $0.08 to $0.12 for Q3 2016.For FY 2016, projects revenue to be in a range of $205 million to $211 million.Digi projects FY 2016 income per diluted share from continuing operations to be in a range of $0.32 to $0.44, increasing from a range of $0.27 to $0.41 provided in the previous quarter.  Full Article

Digi International Inc lowers FY 2016 outlook; gives Q2 2016 guidance below analysts' estimates
Thursday, 21 Jan 2016 04:05pm EST 

Digi International Inc:Says for Q2 2016, project revenue to be in the range of $47 million to $51 million.project income per diluted share from continuing operations to be in the range of $0.03 to $0.07 for Q2 2016.Says for FY 2016, Digi has lowered its previously announced guidance and projects revenue to be in a range of $205 million to $215 million.Digi projects FY 2016 income per diluted share from continuing operations to be in a range of $0.27 to $0.41.Q2 2016 revenue of $53 mln and EPS of $0.09 - Thomson Reuters I/B/E/S.FY 2016 revenue of $216 mln and EPS of $0.36 - Thomson Reuters I/B/E/S.  Full Article

Digi International Inc gives Q1, FY 2016 outlook
Thursday, 29 Oct 2015 04:05pm EDT 

Digi International Inc:For Q1 2016, project revenue from continuing operations to be in the range of $49 million to $52 million.Projects net income per diluted share from continuing operations to be in the range of $0.05 to $0.09 for Q1 2016.For FY 2016, Digi projects revenue from continuing operations to be in a range of $209 million to $223 million.Projects FY 2016 net income per diluted share from continuing operations to be in a range of $0.28 to $0.44.Anticipate net income from discontinued operations for FY 2016 of about $4 million, net of tax, or $0.16 per diluted share.  Full Article

More From Around the Web

BRIEF-Digi International notifies employees in France of restructuring plan

* Digi International-‍ on May 31, Co notified employees who work in offices in France of its intent to institute a restructuring plan