Digi International Inc. (NASDAQ:DGII) is expected to report fourth quarter earnings results, after market close, on Thursday 12th November 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.09 per share.
Looking ahead, the full year income are expected at $ 0.22 per share on the revenues of $ 278.14 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 310.00 million ~ $ 325.00 million, where as bottomline are predicted in a range of $ 1.14 ~ $ 1.27 per share
Click Here For More Historical Outlooks Of Digi International Inc.
Previous Quarter Performance
Digi International Inc. revealed income for the third quarter of $ 0.23 per share, from the revenue of $ 70.34 million. According to street consensus, DGII was expected to report 3Q20 income of $ 0.02 per share from revenue of $ 69.26 million. The top line results outshined analysts by $ 1.08 million or 1.56 percent.
Stock Performance
Shares of Digi International Inc. traded up $ 0.49 or 2.85 percent on Wednesday, reaching $ 17.66 with volume of 149.30 thousand shares. Digi International Inc. has traded high as $ 17.73 and has cracked $ 17.13 on the downward trend
The closing price of $ 17.66, representing a 177.83 % increase from the 52 week low of $ 6.18 and a 9.58 % decrease over the 52 week high of $ 18.99.
The company has a market capital of $ 512.77 million and is part of the Technology sector and Communication Equipment industry.
Conference Call
Digi International Inc. will be hosting a conference call at 5:00 PM eastern time on 12th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (855) 638-5675 U.S. or (262) 912-4765 Outside U.S., when prompted, enter passcode 1997802 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.digi.com
Digi International Inc. provides Internet of Things connectivity products, services, and solutions in North America, Europe, the Middle East, Africa, Asia, and Latin America. The company operates in two segments, IoT Products & Services and IoT Solutions.
