Digi Int'l (DGII) Tops Q3 EPS by 3c

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Digi International Reports Third Fiscal Quarter 2015 Results

July 23, 2015 4:05 PM EDT

Refocused Business and Discipline Drives Record Revenue and Improved Earnings

MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (NASDAQ: DGII) reported revenue of $54.5 million for the third fiscal quarter of 2015, compared with $47.9 million for the third fiscal quarter of 2014, an increase of $6.6 million, or 13.9%. Net income for the third fiscal quarter of 2015 was $2.5 million, or $0.10 per diluted share, compared to net loss of $0.1 million, or $0.00 per diluted share, in the prior year comparable quarter.

Adjusted net income for the third fiscal quarter of 2015 was $2.1 million, or $0.08 per diluted share,... More