Digi Int'l (DGII) Tops Q2 EPS by 6c

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Go back to Digi Int'l (DGII) Tops Q2 EPS by 6c

Digi International Reports Second Fiscal Quarter 2023 results

May 4, 2023 8:00 AM EDT

Record Quarterly Revenue of $111M, End of Quarter ARR of $99M
EPS of $0.16, Adjusted EPS of $0.50

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, 2023.

Second Fiscal Quarter 2023 Results Compared to Second Fiscal Quarter 2022 Results

Revenue was $111 million, an increase of 17%. Gross profit margin was 56.6% versus 54.9%.... More