Digi Int'l (DGII) Tops Q2 EPS by 9c
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Digi International Reports Second Fiscal Quarter 2022 Results
May 4, 2022 4:05 PM EDTRecord Quarterly Revenues of $95M
Record ARR of $90M
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 second fiscal quarter ended March 31, 2022.
Second Fiscal Quarter 2022 Results Compared to Second Fiscal Quarter 2021 Results1
Revenue was $95 million, an increase of 23%. Gross margin was 54.9% versus 52.3%. Gross margin excluding amortization was 56.3% compared to 53.8%. Net... More