Digi Int'l (DGII) Tops Q3 EPS by 4c

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Digi International Reports Third Fiscal Quarter 2018 Results

July 26, 2018 4:05 PM EDT

Record Quarterly Revenue Driven by Broad Based Growth

MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (NASDAQ: DGII), a leading global provider of mission critical Internet of Things ("IoT") products, services, and solutions, reported revenue of $62.7 million for the third fiscal quarter of 2018 compared to $45.7 million in the third fiscal quarter of 2017 and to our guidance range of $56.0 million to $60.0 million.

Net income for the third fiscal quarter of 2018 was $2.6 million, or $0.09 per diluted share, compared to $1.3 million, or $0.05 per diluted share in the third fiscal quarter of 2017 and to... More