Digi Int'l (DGII) Tops Q4 EPS by 6c

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Digi International Reports Fourth Fiscal Quarter and Full Year 2015 Results

October 29, 2015 4:05 PM EDT

Record Quarterly and Annual Revenue Drives Increased Profitability

MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (NASDAQ: DGII) reported record revenue of $56.4 million for the fourth fiscal quarter of 2015, compared with $51.6 million for the fourth fiscal quarter of 2014, an increase of $4.8 million, or 9.4%. Net income for the fourth fiscal quarter of 2015 was $3.0 million, or $0.12 per diluted share, compared to net income of $0.4 million, or $0.02 per diluted share, in the prior year comparable quarter.

Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization adjusted for gain from insurance recovery) in the fourth... More