Digi International reports record Q1 revenue of $109M, EPS $0.16, adjusted EPS $0.48

DIGI INTERNATIONAL INC

2023-Q1 EPS reported $0.16 revenue$109,306,000

Record quarterly revenue of $109M (+30% YoY); ARR $96M (+8%).
Adjusted EPS $0.48 (+33% YoY); adjusted EBITDA $23M (+38%).
IoT Solutions revenue $25M (record); IoT Products $84M (record).
Q2 FY2023 guidance: revenue $105-109M, adj. EPS $0.42-0.46.
Supply chain improving: critical component shortages fell from >150 to <40.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DIGI INTERNATIONAL INC reported first fiscal quarter ended December 31, 2022 results: revenue $109 million, net income $0.16 per diluted share, EPS $0.16.

Period: first fiscal quarter ended December 31, 2022
Revenue: $109 million
Net income: $0.16 per diluted share
EPS: $0.16
Result: reported results

Exact text from the filing

its financial results for its first fiscal quarter ended December 31, 2022. First Fiscal Quarter 2023 Results Compared to First Fiscal Quarter 2022 Results 1 • Revenue was $109 million, an increase of 30%. • Gross profit margin was 56.3% versus 56.8%. Gross profit margin excluding amortization was 57.3% compared to 58.5%. • Net income per diluted share was

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Source: SEC EDGAR

accession 0000854775-23-000002

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