secwatch.observer — SEC 8-K summary
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Issuer:     DIGI INTERNATIONAL INC (DGII)
CIK:        0000854775
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000854775-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digi International Q2: record revenue $111M, adj. EPS $0.50, ARR $99M, raises FY guidance to at least 12% growth
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- Revenue $111M (+17% YoY); GAAP EPS $0.16; adjusted EPS $0.50 (+22%).
- ARR ended quarter at $99M (+10% YoY); adjusted EBITDA $24M (+22%).
- IoT Products & Services revenue $86M, IoT Solutions revenue ~$25M; both segments set records.
- Q3 guidance: revenue $107-111M, adjusted EPS $0.47-0.49.
- FY23 revenue growth expectation raised to at least 12% from prior guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854775/000085477523000006/0000854775-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854775/000085477523000006/dgii-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000854775-23-000006

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