Digi Int'l (DGII) Misses Q2 EPS by 3c, Guides Well Below Consensus

Digi Int'l (NASDAQ: DGII) reported Q2 EPS of $0.05, $0.03 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $45.6 million versus the consensus estimate of $48.3 million.

GUIDANCE:

The following guidance does not include any potential restructuring actions we may implement in future periods. The company has been evaluating strategic alternatives to reduce operating expenses in the near term, including a restructuring of certain operations in the EMEA region.

Digi Int'l sees Q3 2017 EPS of $0.03-$0.06, versus the consensus of $0.12. Digi Int'l sees Q3 2017 revenue of $44-47 million, versus the consensus of $53.1 million.

Digi Int'l sees FY2017 EPS of $0.24-$0.30, versus the consensus of $0.43. Digi Int'l sees FY2017 revenue of $182-189 million, versus the consensus of $203.9 million.

For earnings history and earnings-related data on Digi Int'l (DGII) click here.

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