---
schema_version: "secwatch.filing_event.v1"
accession: "0000854775-22-000002"
form_type: "8-K"
ticker: "DGII"
cik: "0000854775"
company_name: "DIGI INTERNATIONAL INC"
filed_at: "2022-02-02T23:59:59+00:00"
generated_at: "2026-06-27T12:39:29.973749+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digi International reports record Q1 revenue of $84.3M, adjusted EPS up 13%

## Summary
- Revenue $84.3M, up 15% YoY; GAAP net income $0.03/diluted share vs $(0.01) loss.
- Adjusted EPS $0.36, up 13%; adjusted EBITDA $17.0M, up 31%.
- Gross margin 56.8% (ex-amort 58.5%) vs 56.1% (57.6%) last year.
- Annualized Recurring Revenue (ARR) exceeded $88M, up 170% YoY.
- Acquisition of Ventus completed in November 2021 contributed to results.

## SEC filing metadata
- accession: 0000854775-22-000002
- form_type: 8-K
- ticker: DGII
- cik: 0000854775
- company_name: DIGI INTERNATIONAL INC
- filed_at: 2022-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/854775/000085477522000002/0000854775-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854775/000085477522000002/dgii-20220202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000854775-22-000002
- JSON: https://secwatch.observer/filing/0000854775-22-000002.json
- Plain text: https://secwatch.observer/filing/0000854775-22-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.