These Analysts Increase Their Forecasts On Digi International Following Better-Than-Expected Q4 Earnings
1. DGII reported Q4 earnings of 56 cents, beating estimates of 51 cents. 2. Sales reached $114.338 million, exceeding the $110.248 million estimate. 3. For Q1, DGII projects earnings of 53-58 cents, above market expectations. 4. Analysts upgraded DGII's price targets post-earnings, reflecting positive sentiment. 5. Shares increased 7% in response to strong financial results and outlook.