---
schema_version: "secwatch.filing_event.v1"
accession: "0000854775-22-000011"
form_type: "8-K"
ticker: "DGII"
cik: "0000854775"
company_name: "DIGI INTERNATIONAL INC"
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:41:17.431377+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Digi Int'l Q3 FY2022: record rev $104M (+31% YoY), ARR $92M, adj EPS $0.45 (up 80%)

## Summary
- Revenue $104M (+31% YoY); record quarterly revenue; ARR $92M (+157% YoY).
- GAAP EPS $0.12 (+33% YoY); adjusted EPS $0.45 (+80% YoY); adjusted EBITDA $21M (+82% YoY).
- IoT Products & Services rev $80M (+19%); IoT Solutions rev $24M (+94%, driven by Ventus).
- Paid down $20M debt; gross debt $268.7M; net debt $227.2M; operating cash flow $19.5M.
- Q4 guidance: rev $98-102M (24-29% growth); adj EPS $0.41-$0.44; adj EBITDA $19.5-21.0M.

## SEC filing metadata
- accession: 0000854775-22-000011
- form_type: 8-K
- ticker: DGII
- cik: 0000854775
- company_name: DIGI INTERNATIONAL INC
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/854775/000085477522000011/0000854775-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854775/000085477522000011/dgii-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000854775-22-000011
- JSON: https://secwatch.observer/filing/0000854775-22-000011.json
- Plain text: https://secwatch.observer/filing/0000854775-22-000011.txt

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