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DGII - Digi International Inc News Story

$17.72 0.0  0.0%

Last Trade - 04/03/21

Mid Cap
Market Cap £378.9m
Enterprise Value £376.2m
Revenue £208.8m
Position in Universe 3378th / 6647

BUZZ-Digi International surges after results

Fri 15th November, 2019 7:13pm
** Digi International  DGII.O  shares up 12.05% at $16.92; stock
on track for biggest daily % gain since Feb. 1
    ** The communications and networking company reported
quarterly adjusted EPS late Thursday of 8 cents vs mean
expectation of 8 analysts of 6 cents per share
    ** Revenue fell 1.1% to $64.96 mln from a year ago; analysts
expected $62.33 mln  urn:newsml:reuters.com:*:nASA003FF
    ** DGII forecast Q1 2020 adjusted EPS between 10 cents-14
cents on revenue of $58 to $62 mln; current estimate is for EPS
of 7 cents on revenue of $64.1 mln
    ** DGII sees FY20 adjusted EPS between $1.14 to $1.27 on
revenue between $310 mln-$325 mln; current estimate is for EPS
of 47 cents on revenue of $278.7 mln
    ** Craig-Hallum on Friday raised price target on stock to
$19 from $17, Dogherty lifted price target to $19.50 from $17
    ** About 400,000 shares of the Hopkins, Minnesota-based
company have traded so far today, about 430 pct of their 30-day
moving average full-day volume of 93,000 shares
    ** Through Thursday's close, DGII shares had risen by 10.9%
this quarter and gained 49.7% so far this year. 

 ((charles.mikolajczak@tr.com; @ChuckMik; +1 646 223 5234;
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