Digi Int'l (NASDAQ: DGII) reported Q2 EPS of $0.27, $0.19 better than the analyst estimate of $0.08. Revenue for the quarter came in at $77.3 million versus the consensus estimate of $74.01 million.

"Record revenues and annual recurring revenues of nearly $34 million headlined our second fiscal quarter," said Ron Konezny, President and Chief Executive Officer. "In addition, we executed three strategic actions laying the foundation for Digi's future success and growth including a debt restructure, stock offering and welcoming the Haxiot team to the Digi family. Each action supports Digi's core value proposition of enabling secure, automated, and zero touch applications for our customers and driving value for our shareholders."

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