secwatch.observer — SEC 8-K summary
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Issuer:     DIGI INTERNATIONAL INC (DGII)
CIK:        0000854775
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000854775-22-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digi International Q2 FY2022 revenue $95M, +23% YoY; adjusted EPS $0.41, +52%
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- Revenue $95M (record), up 23% YoY; gross margin 54.9% vs 52.3%; adjusted EBITDA $19.5M, +67%.
- GAAP net income $0.08 diluted EPS vs $0.09 prior year; adjusted EPS $0.41, up 52%.
- Annualized Recurring Revenue (ARR) $90M, up 165% YoY, boosted by Ventus acquisition in fiscal Q1.
- Gross margin excluding amortization 56.3% vs 53.8% a year ago.
- Ventus acquisition contributed to revenue and ARR growth; no guidance update provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854775/000085477522000007/0000854775-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854775/000085477522000007/dgii-20220504.htm
  HTML page:      https://secwatch.observer/filing/0000854775-22-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer