Pivotal Point Tracking Digi International (DGII): IoT Provider Surpasses Expectations with $114 Million Q4 Revenue and Accelerates Transition to Recurring Revenue!

Digi International is a provider of business and mission-critical Internet of Things (IoT) products, services, and solutions. The company greatly benefits from the ongoing growth of the industrial IoT market and its strategic shift towards high-margin, subscription-based services. On November 12, Digi International reported results for the fourth quarter of fiscal year 2025 that fell below expectations. Revenue rose by 9% to $114 million, and adjusted earnings per share were notably above the forecast of $0.51 at $0.56. The stock surge on November...