Digi Int'l (DGII) Tops Q1 EPS by 5c, Revenues Beat; Q2 & FY19 EPS Mid-Point Below Consensus, Q2 Revenue Mid-Point Guidance Above Consensus, FY19 Revenue Guide Below Views

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Go back to Digi Int'l (DGII) Tops Q1 EPS by 5c, Revenues Beat; Q2 & FY19 EPS Mid-Point Below Consensus, Q2 Revenue Mid-Point Guidance Above Consensus, FY19 Revenue Guide Below Views

Digi International Reports First Fiscal Quarter 2019 Results

January 31, 2019 4:05 PM EST

Momentum Continues with Strong Start to Fiscal 2019

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 $62.3 million for the first fiscal quarter of 2019 compared to $45.0 million in the first fiscal quarter of 2018 and compared to our guidance range of $56.0 million to $60.0 million. This reflects a 38.6% growth rate compared to the prior year quarter.

Net income for the first fiscal quarter of 2019 was $4.7 million, or $0.17 per diluted share, compared to a net loss of... More