Digi Int'l (DGII) Tops Q4 EPS by 17c

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Digi International Reports Fourth Fiscal Quarter and Full Fiscal 2021 results Record Annual Revenue of $309M, ARR grows over 30% to nearly $38M Full Year EPS of $0.31, Adjusted EPS of $1.08

November 10, 2021 4:05 PM EST

MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its fourth fiscal quarter ended September 30, 2021.

Fourth Fiscal Quarter 2021 Results Compared to Fourth Fiscal Quarter 2020 Results

Revenue increased to $79.1 million, or an increase of 8.1%. Gross margin was 53.9% versus 51.3%. Gross margin excluding amortization was 55.4% compared to 52.9%. Net income per diluted share decreased to... More