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

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Digi International Reports Second Fiscal Quarter 2017 Results

May 4, 2017 4:06 PM EDT

Digi Smart Solutions Group Launches

MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (NASDAQ: DGII), a leading global provider of machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services, reported revenue of $45.6 million for the second fiscal quarter of 2017 compared to $50.2 million in the second fiscal quarter of 2016. Net income for the second fiscal quarter of 2017 was $1.3 million, or $0.05 per diluted share, compared to net income for the second fiscal quarter of 2016 of $2.1 million, or $0.08 per diluted share.

EBITDA from Continuing Operations (Earnings Before Interest, Taxes, Depreciation and... More