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Digital Generation, Inc. (DGIT)

- NASDAQ
DGIT is defunct since February 10, 2014. Acquired by Extreme Reach, Inc.
  • Aug. 13, 2013, 12:45 PM
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  • Aug. 13, 2013, 11:38 AM
    • Receptos (RCPT +6%) jumps after SA Pro's Stephen Simpson - initially skeptical of a biotech going public in the late stages of a multi-year bull market - takes a close look (embargoed until tomorrow morning) and sees significant upside ahead of some key test results.
    • Kudos to SA Pro's Suneet Chandvani who 24 hours ago argued (embargoed for another 40 minutes) Digital Generation (DGIT +27.4%) remained dramatically undervalued even after August's big move higher. The company today agreed to sell its TV ad delivery business for $485M.
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  • Aug. 13, 2013, 9:11 AM
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  • Aug. 13, 2013, 8:55 AM
    • Digital Generation (DGIT) agrees to sell its television ad delivery business to Extreme Reach for $485M.
    • DGIT says it will use proceeds from the sale to pay off all outstanding debt and fund the majority of a planned cash distribution to stockholders of at least $3/share.
    • DGIT's online business is not part of the deal, and stockholders will receive shares of a company that will hold its online business.
    • Shares +34.3% premarket.
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  • Aug. 7, 2013, 1:11 PM
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  • Aug. 7, 2013, 9:14 AM
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  • Mar. 4, 2013, 10:03 AM
    Digital Generation (DGIT) gains 4.3% a day ahead of the expiration of the company's poison pill. In addition to the CEO's purchase of stock last week was executive chairman Scott Ginsburg adding 13% to his stake by picking up about 270K shares.
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  • Feb. 19, 2013, 12:53 PM
    Midday top 10 gainers: NVGN +134%. PVFC +53%. CMGE +42%. TELOZ +41%. EMITF +37%. ZIPR +24%. RRGB +20%. OMX +20%. GSB +18%. LOAN +18%.
    Midday top 10 losers: MYRX -95%. CPSL -35%. GMXR -29%. DGIT -25%. SNFCA -20%. EHTH -17%. CIMT -16%. RVLT -13%. MARK -13%. PERY -12%.
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  • Nov. 8, 2012, 4:57 PM
    Digital Generation Systems (DGIT): Q3 EPS of -$7.96 may not be comparable to consensus of $0.05. Revenue of $93.8M (+10.9% Y/Y) beats by $3.8M. Shares -3.9% AH. (PR)
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  • Jul. 17, 2012, 9:10 AM
    Premarket gainers: DGIT +24%. PPHM +12%. JOEZ +10%. MAT +7%.
    Losers: EDU -33%. ALU -18%. AUQ -8%. ANTH -7%. JBHT -5%.
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  • Jul. 16, 2012, 5:42 PM
    Digital Generation (DGIT) has resumed trading after announcing it would explore strategic alternatives. Shares +19.7% AH to $11.50.
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  • Jun. 7, 2012, 9:05 AM
    Premarket gainers: DGIT +5%. DANG +5%. RIO +5%.
    Losers: MOH -25%. MW -19%. NAV -16%. CMVT -10%. PLL -8%. LULU -8%. ABR -6%.
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  • Jun. 6, 2012, 4:09 PM
    Ad distribution network owner Digital Generation (DGIT +26.5%) soared in the final minutes of trading thanks to a Bloomberg report claiming the company, which still only closed at $12.13, turned down a $20+/share buyout offer from privately-owned ExtremeReach-Providence. Shares are down 7.1% AH.
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  • May 29, 2012, 10:58 AM
    Digital Generation (DGIT +8.7%) and SuperMedia (SPMD +6.7%) run up gains on enthusiasm tied to the pair's ability to deliver next-stage advertising solutions and M&A chatter.
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  • May 10, 2012, 11:41 AM
    Digital Generation (DGIT -12.6%) trades lower despite Q1 results that slightly beat analysts' estimates. Revenue was up 46% Y/Y, driven by higher HD growth in its TV segment. However, Janney Capital notes HD pricing declines are worsening - down about 40% due to its internet segment being disrupted by integration and client migration issues.
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  • May 9, 2012, 4:16 PM
    Digital Generation Systems (DGIT): Q1 EPS of $0.05 may not be comparable to consensus of $0.28. Revenue of $92.8M (+46% Y/Y) beats by $1.8M. Shares -2.7% AH. (PR)
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Company Description
Digital Generation Inc provides digital technology services that enable the electronic delivery of advertisements, syndicated programs, and video news releases to traditional broadcasters, online publishers, and other media outlets.
Sector: Services
Country: United States