Digi Int'l (DGII) Tops Q3 EPS by 6c

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Go back to Digi Int'l (DGII) Tops Q3 EPS by 6c

Digi International Reports Third Fiscal Quarter 2016 Results

July 28, 2016 4:07 PM EDT

Emphasis on Profitability Continues as Earnings Exceeds Expectations

MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (NASDAQ: DGII) reported revenue of $52.1 million for the third quarter in both fiscal 2016 and 2015. Net income for the third fiscal quarter of 2016 was $4.3 million, or $0.16 per diluted share, compared to net income for the third fiscal quarter of 2015 of $2.5 million, or $0.10 per diluted share. Income from continuing operations for the third fiscal quarter of 2016 was $4.3 million, or $0.16 per diluted share, compared to $3.1 million, or $0.12 per diluted share, in the prior year comparable quarter.

Adjusted EBITDA from Continuing... More