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Digi International

Stock Price

$30.6

2024-10-29

Market Capitalization

$1.1 B

2024-10-29

Revenue

$444.8 M

FY, 2023

Digi International Summary

Company Summary

Overview
Digi International is a company that provides Internet of Things connectivity products, services, and solutions. It operates through two segments: IoT Products and Services and IoT Solutions. The IoT Products and Services segment offers embedded and wireless modules, console servers, enterprise and industrial routers, and other infrastructure management equipment. The IoT Solutions segment consists of SmartSense by Digi and Managed Network-as-a-service (MNaaS) businesses. The SmartSense by Digi focuses on wireless temperature and other condition-based monitoring services as well as employee task management services. The MNaaS business specializes in cellular wireless and fixed-line WAN solutions. The company caters to banking, healthcare, retail, gaming, hospitality, and other industries.
Type
Public
Status
Active
Founded
1985
HQ
Hopkins, MN, US | view all locations
Website
https://www.digi.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Jamie Loch

    Jamie Loch, Executive Vice President, Chief Financial Officer, and Treasurer

  • Patrick Quirk

    Patrick Quirk, Senior VP, General Manager, Opengear

  • Harald Remmert

    Harald Remmert, CTO, Cellular Solutions

  • David Sampsell

    David Sampsell, Executive Vice President, Corporate Development, General Counsel & Corporate Secretary

Operating MetricsView all

Facilities Leased (Australia), sq.ft.

12.4K

FY, 2021

Facility Space Leased (Germany), sq. ft.

6.9K

FY, 2021

Facilities Owned (U.S.)

58K

FY, 2021

LocationsView all

16 locations detected

  • Hopkins, MN HQ

    United States

    9350 Excelsior Blvd, Suite 700

  • Boston, MA

    United States

    186 Lincoln St 8th Floor

  • Eden Prairie, MN

    United States

    10000 W 76th St

  • Edison, NJ

    United States

    110 Fieldcrest Ave #2nd

  • Mishawaka, IN

    United States

    4101 Edison Lakes Pkwy #250

  • Norwalk, CT

    United States

    333 Wilson Ave 3rd floor

and 10 others

Digi International Financials

Summary Financials

Revenue (Q3, 2024)
$105.2M
Gross profit (Q3, 2024)
$62.3M
Net income (Q3, 2024)
$9.7M
Cash (Q3, 2024)
$28.3M
EBIT (Q3, 2024)
$12.9M
Enterprise value
$1.3B

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