---
schema_version: "secwatch.filing_event.v1"
accession: "0000854775-22-000026"
form_type: "8-K"
ticker: "DGII"
cik: "0000854775"
company_name: "DIGI INTERNATIONAL INC"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:24:05.359716+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digi Q4 FY2022 rev $106M (+34%), ARR >$94M; guides Q1 rev $101-105M

## Summary
- Q4 revenue $106M (+34% YoY); GAAP EPS $0.31 (+138% YoY); adjusted EPS $0.45 (+80%).
- Full-year FY2022 revenue $388M (+26%); GAAP EPS $0.54; adjusted EPS $1.66 (+54%).
- ARR exceeded $94M at quarter end (+149% YoY), driven by Ventus acquisition.
- Q4 adjusted EBITDA $22M (+82%); margin 20.7% vs 15.2% a year ago.
- FQ1 2023 guidance: revenue $101-105M, adjusted EPS $0.41-0.44; FY2023 rev growth ~10%.

## SEC filing metadata
- accession: 0000854775-22-000026
- form_type: 8-K
- ticker: DGII
- cik: 0000854775
- company_name: DIGI INTERNATIONAL INC
- filed_at: 2022-11-10T23:59:59+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/854775/000085477522000026/0000854775-22-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854775/000085477522000026/dgii-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000854775-22-000026
- JSON: https://secwatch.observer/filing/0000854775-22-000026.json
- Plain text: https://secwatch.observer/filing/0000854775-22-000026.txt

## Key facts
- Earnings Releases
  DIGI INTERNATIONAL INC reported fiscal year ended September 30, 2022 results: revenue $388 million, EPS $0.54.
  - Period: fiscal year ended September 30, 2022
  - Revenue: $388 million
  - EPS: $0.54
  - Result: reported results
  source text: Revenue was $388 million, an increase of 26%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854775/000085477522000026/0000854775-22-000026-index.htm
- Earnings Releases
  DIGI INTERNATIONAL INC reported fourth fiscal quarter ended September 30, 2022 results: revenue $106 million, EPS $0.31.
  - Period: fourth fiscal quarter ended September 30, 2022
  - Revenue: $106 million
  - EPS: $0.31
  - Result: reported results
  source text: Revenue was $106 million, an increase of 34%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854775/000085477522000026/0000854775-22-000026-index.htm

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