Digi International (DGII) Strengthens on Record Revenue
Conestoga Capital Advisors’ Q2 2026 investor letter cites a shift toward small caps, including Russell 2000 Growth up 25.7% in Q2. The letter highlights Digi International (NASDAQ:DGII) after it reported record revenue and progress toward a recurring revenue model. Conestoga says annualized recurring revenue rose 50%, supporting margin expansion and earnings growth. DGII closed Aug 5 at $72.75.


