Digi Int'l (DGII) Tops Q1 EPS by 5c
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Digi International Reports First Fiscal Quarter 2016 Results
January 21, 2016 4:05 PM ESTStrong Profitability Complements Revenue Growth
MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (NASDAQ: DGII) reported revenue of $50.3 million for the first fiscal quarter of 2016, compared with $47.2 million for the first fiscal quarter of 2015, an increase of $3.1 million, or 6.4%. Net income for the first fiscal quarter of 2016 was $6.5 million, or $0.25 per diluted share, compared to net loss for the first fiscal quarter of 2015 of $0.3 million, or $0.01 loss per diluted share. Income from continuing operations for the first fiscal quarter of 2016 was $3.1 million, or $0.12 per diluted share, compared to $1.0 million, or $0.04 per diluted share, in... More
