secwatch.observer — SEC 8-K summary
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Issuer:     DIGI INTERNATIONAL INC (DGII)
CIK:        0000854775
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0000854775-22-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854775/000085477522000011/0000854775-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854775/000085477522000011/dgii-20220804.htm
  HTML page:      https://secwatch.observer/filing/0000854775-22-000011

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