Digi Int'l (DGII) Tops Q1 EPS by 7c; Offers Q2 Guidance

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Go back to Digi Int'l (DGII) Tops Q1 EPS by 7c; Offers Q2 Guidance

Digi International Reports First Fiscal Quarter 2022 Results

February 2, 2022 4:05 PM EST

Acquisition of Ventus Completed in November

Record Quarterly Revenues of $84.3M

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 first fiscal quarter ended December 31, 2021.

First Fiscal Quarter 2022 Results Compared to First Fiscal Quarter 2021 Results

Revenue increased to $84.3 million, an increase of 15%. Gross margin was 56.8% versus 56.1%. Gross margin excluding amortization... More