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