DGII News & Events

Sees Q2 revenue $124M-$128M, consensus $117.94M

Reports Q1 revenue $122M, consensus $115.63M. "We're off to a great start to our fiscal year 2026. Digi's customer focus is shining through our IoT solutions that drive meaningful ROI. With the addition of Jolt, we delivered double digit growth in ARR, revenue, adjusted EBITDA, and adjusted EPS in our fiscal first quarter," stated Ron Konezny, President and CEO. "We are thrilled to have the Particle team join the Digi family. Particle's unique solutions build and manage connected devices, and we have an aligned culture focused on customer value. Our strong cash generation propels a flywheel of organic growth complemented by select acquisitions."

The company states: "Digi International acquires Particle Industries, a provider of edge-to-cloud application infrastructure for intelligent devices. Particle will be integrated with Digi's OEM Solution's offerings within Digi's IoT Products and Services segment. Particle presently generates approximately $20 million in ARR via its subscription-based sales model and is growing ARR double-digits annually. This greatly advances Digi's strategy to expand Annual Recurring Revenue, ARR. Digi's IoT Products and Services segment reported $32 million in ARR as of the end of the fiscal quarter ended September 30, 2025."