DTGI - Digerati Technologies, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0210
+0.0020 (+10.53%)
At close: 3:41PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.0190
Open0.0190
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0171 - 0.0220
52 Week Range0.0109 - 0.2700
Volume761,982
Avg. Volume376,212
Market Cap1.35M
Beta (5Y Monthly)1.36
PE Ratio (TTM)N/A
EPS (TTM)-0.1210
Earnings DateJun 15, 2020 - Jun 19, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Digerati Technologies Launches Its Microsoft Teams® Offering With Success

    T3’s TeamsConnect solution will enable qualified MSPs with the ability to deliver a feature-rich business class telephony solution to Microsoft Teams users. T3’s cloud Unified Communications (UC) platform adds value to Microsoft Teams by integrating seamlessly to deliver business users with an exceptional calling experience that includes superior voice quality and enterprise PBX features on its global carrier-grade network.

  • Moody's

    Oregon Clean Energy, LLC -- Moody's affirms Ba3 rating at Oregon Clean Energy (OCE); outlook revised to negative from stable.

    Rating Action: Moody's affirms Ba3 rating at Oregon Clean Energy (OCE); outlook revised to negative from stable. New York, May 11, 2020 -- Moody's Investors Service, ("Moody's") today affirmed the Ba3 rating assigned to Oregon Clean Energy, LLC's ("OCE") $515.5 million senior secured debt outstanding. Today's rating action, including the outlook change to negative, reflects significantly weaker than anticipated financial performance during FY 2019 due to lower spark spreads than originally forecasted as well as longer than planned maintenance outages in the second and fourth quarters, and our expectations for continued weak financial performance in 2020.

  • GlobeNewswire

    Digerati Technologies Provides Update of its Planned Acquisition of Nexogy, Inc. and LOI for Fourth Acquisition

    The Company and Nexogy have extended the outside date for closing the transaction to June 30, 2020. The Company’s fourth (4th) acquisition under LOI, which is planned to close simultaneously with the Nexogy transaction, has also been extended.

  • GlobeNewswire

    Digerati Technologies Integrates its UCaaS Solutions with Microsoft Teams® Powered by Office 365 for Expanding Availability to a Growing Base of 44 Million Daily Active Users

    T3’s cloud Unified Communications (UC) platform now integrates seamlessly with Microsoft Teams to deliver business users with an exceptional calling experience that includes superior voice quality and enterprise PBX features on its global carrier-grade network. Microsoft Teams provides a single user environment for communication and collaboration, including the ability to make phone calls.

  • GlobeNewswire

    Digerati Technologies’ Business Solutions Provide Certainty to Work During the Coronavirus Pandemic

    In addition, the Company’s mobile data solution provides businesses with redundant and diverse Internet connectivity to ensure broadband continuity or to serve as a temporary broadband connection supporting remote work facilities. Digerati offers its business solutions through its operating subsidiary, T3 Communications, Inc. (“T3”).

  • GlobeNewswire

    Digerati Technologies Reports Second Quarter FY2020 Results

    Subsequent events reported in its quarterly report include the Company’s FCC approval of its acquisition of Nexogy, Inc. and a Letter of Intent (LOI) on its fourth (4th) acquisition that it plans to close simultaneously with the Nexogy transaction. The combined business (Nexogy and fourth (4th) acquisition) will triple the Company’s business user base and in the aggregate total over $14 million in annual revenue with improved EBITDA from further consolidation savings derived from the additional acquisition. The Company previously reported that it plans to close these transactions under a larger and lower cost financing facility with funding availability for future acquisitions that will facilitate the Company’s acceleration of its acquisition efforts.

  • GlobeNewswire

    Digerati Technologies Provides Update on its Planned Acquisition of Nexogy, Inc. and Signs LOI for Additional Acquisition

    The Company secured FCC approval of its acquisition of Nexogy, Inc. in February 2020 after meeting the required public notice period pursuant to Section 214 of the Communications Act of 1934. In February, the Company also secured its fourth (4th) acquisition under a Letter of Intent (LOI) that it plans to close simultaneously with the Nexogy transaction over the next sixty (60) days.

  • Moody's

    Heritage Power, LLC -- Moody's announces completion of a periodic review of ratings of Heritage Power, LLC

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Heritage Power, LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • GlobeNewswire

    Digerati Technologies’ T3 Communications Partners with Telarus to Expand Sales Reach

    SAN ANTONIO, Jan. 27, 2020 -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company") announced today that its operating subsidiary, T3 Communications, Inc..

  • GlobeNewswire

    Digerati Provides Strategic Outlook for FY2020

    Management continues to be focused on driving long-term sales and revenue growth, profitability, and enhancing shareholder value. A continued focus on its core UCaaS/cloud communication business, which operates in a segment of the telecommunication industry that continues to experience significant growth as businesses migrate from legacy phone systems to cloud-based telephony systems. Continued enhancements to its broadband product portfolio that include an emphasis on marketing leading-edge network and business continuity solutions like SD-WAN (Software Defined Wide-Area Network), and its 4g LTE mobile data solution.

  • GlobeNewswire

    Digerati Technologies Reports First Quarter FY2020 Results

    Revenue increased to $1.589 million compared to $1.522 for the first quarter of FY2018, driven by organic growth. Digerati participates in high-growth segments of the telecommunication industry that are driven by demand from enterprise customers, specifically SMBs. The Company continues to emphasize its UCaaS/cloud communication business that is experiencing significant growth as businesses migrate from legacy phone systems to cloud-based telephony systems.

  • GlobeNewswire

    Digerati Provides Update on its Planned Acquisition of Nexogy, Inc.

    On September 24, 2019, Digerati reported that it anticipated closing the transaction in approximately ninety (90) days, subject to FCC regulatory approval. The FCC regulatory approval process remains ongoing and is expected to continue into January 2020, therefore extending the anticipated timeline for closing previously reported by the Company.

  • GlobeNewswire

    Digerati Technologies Announces Revenue Growth of 202% for Fiscal Year Ended July 31, 2019

    Digerati Technologies, Inc. (DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, today announced financial results for its fiscal year ended July 31, 2019. The Company’s FY2019 is the first full fiscal year report that reflects consolidated results for the acquisitions of both Synergy Telecom (“Synergy”) and T3 Communications, Inc. (“T3”).

  • Nexogy, Inc. being acquired by Digerati (DTGI)
    PR Newswire

    Nexogy, Inc. being acquired by Digerati (DTGI)

    MIAMI, Sept. 25, 2019 /PRNewswire/ -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the business market, announced today that it has entered into a definitive agreement to acquire Nexogy, Inc. ("Nexogy"), a leading provider of cloud communication and broadband solutions tailored for businesses. On a trailing twelve months (TTM) pro forma basis, the combination of T3 and Nexogy  generated $12.7 million in annual revenue while the consolidation of telecommunications infrastructure and integration of cloud PBX platforms and back-office systems is expected to produce cost savings and EBITDA improvements.  The Company anticipates producing nearly  20% in operational EBITDA with synergies derived from the combined operation.  Nexogy's business model is supported by strong and predictable recurring revenue under long-term contracts and high gross margins of 75%+.  Debt financing for the transaction has been committed by an established and traditional lending source and is expected to close in approximately ninety (90) days, subject to FCC regulatory approval.

  • GlobeNewswire

    Digerati Technologies to Acquire Nexogy, Inc. and Double Annual Revenue to $13 Million

    Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the business market, announced today that it has entered into a definitive agreement to acquire Nexogy, Inc. (“Nexogy”), a leading provider of cloud communication and broadband solutions tailored for businesses. On a trailing twelve months (TTM) pro forma basis, the combination of T3 and Nexogy  generated $12.7 million in annual revenue while the consolidation of telecommunications infrastructure and integration of cloud PBX platforms and back-office systems is expected to produce cost savings and EBITDA improvements.  The Company anticipates producing nearly  20% in operational EBITDA with synergies derived from the combined operation.  Nexogy’s business model is supported by strong and predictable recurring revenue under long-term contracts and high gross margins of 75%+.  Debt financing for the transaction has been committed by an established and traditional lending source and is expected to close in approximately ninety (90) days, subject to FCC regulatory approval.

  • GlobeNewswire

    Digerati Technologies Provides Updated Investor Presentation

    SAN ANTONIO, July 30, 2019 -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified.

  • ACCESSWIRE

    Digerati Technologies Inc. Joins the Stock Day Podcast to Discuss Massive Increases in Revenue

    PHOENIX, AZ / ACCESSWIRE / July 23, 2019 / The Stock Day Podcast welcomed Digerati Technologies Inc. (DTGI) (“the Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (SMB) market. President and CEO, Arthur Smith, joined Stock Day host Everett Jolly. Jolly began the interview by asking Smith why approximately 70% of small businesses to medium-sized businesses have yet to transition to cloud-based services.

  • GlobeNewswire

    Digerati Technologies Adopts Single Operational Brand

    Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company") announced today that the Company will retain the T3 Communications (“T3”) brand for its high-growth markets in Texas and Florida, and will continue building on T3’s established brand recognition for its subsidiary  operations. The Company will use the www.T3com.com domain as its primary portal for sales, marketing, support, and knowledge base while carrying on its reputation as a customer-focused organization providing exceptional service.

  • Moody's

    Heritage Power, LLC -- Moody's assigns a first time B1 rating to Heritage Power's senior secured credit facilities; outlook stable

    Moody's Investors Service ("Moody's") assigned a B1 rating to Heritage Power, LLC's (Heritage or Project or Borrower) proposed $656.1 million senior secured credit facilities consisting of a $550 million 7-year term loan B, a $61.1 million 7-year term loan C and a $45 million 5-year revolving credit facility. The outlook is stable.

  • (DTGI) Completes Acquisition of Minority stake in Itellum
    PR Newswire

    (DTGI) Completes Acquisition of Minority stake in Itellum

    - Positions Company to Serve Expanding Region with Strong Ties to the U.S. - SAN ANTONIO , June 18, 2019 /PRNewswire/ -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), ...

  • GlobeNewswire

    Digerati Closes Acquisition of Minority Interest in Itellum

    Positions Company to Serve Expanding Region with Strong Ties to the U.S. Under the arrangement, Digerati will expand its relationship with Itellum as a regional Partner and Value-Added Reseller (“VAR”) for its cloud communication services.

  • GlobeNewswire

    Digerati Technologies Reports Third Quarter FY2019 Results

    - Revenue Growth of 658% to $1.5 Million -- Adjusted EBITDA Improvement of 64% - SAN ANTONIO, Texas, June 17, 2019 -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or.