---
schema_version: "secwatch.filing_event.v1"
accession: "0000854775-23-000013"
form_type: "8-K"
ticker: "DGII"
cik: "0000854775"
company_name: "DIGI INTERNATIONAL INC"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:16:43.501388+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Digi International posts record annual revenue of $445M; FY adjusted EPS up 20% to $1.99

## Summary
- Q4 revenue $112M (+6% YoY); GAAP diluted EPS $0.17 (-45% YoY); adjusted EPS $0.52 (+16%).
- Full-year fiscal 2023 revenue $445M (+15% YoY); GAAP EPS $0.67 (+24%); adjusted EPS $1.99 (+20%).
- Adjusted EBITDA for Q4 $25M (+14%); full-year $97M (+22%).
- Annualized recurring revenue (ARR) reached $106M, up 12% year-over-year.

## SEC filing metadata
- accession: 0000854775-23-000013
- form_type: 8-K
- ticker: DGII
- cik: 0000854775
- company_name: DIGI INTERNATIONAL INC
- filed_at: 2023-11-09T23:59:59+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/854775/000085477523000013/0000854775-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854775/000085477523000013/dgii-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000854775-23-000013
- JSON: https://secwatch.observer/filing/0000854775-23-000013.json
- Plain text: https://secwatch.observer/filing/0000854775-23-000013.txt

## Key facts
- Earnings Releases
  DIGI INTERNATIONAL INC reported financial results for full fiscal year ended September 30, 2023.
  - Period: full fiscal year ended September 30, 2023
  - Result: reported results
  source text: On November 9, 2023, Digi International Inc. (“Digi”) issued a press release regarding Digi’s financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854775/000085477523000013/0000854775-23-000013-index.htm
- Earnings Releases
  DIGI INTERNATIONAL INC reported financial results for fourth fiscal quarter ended September 30, 2023.
  - Period: fourth fiscal quarter ended September 30, 2023
  - Result: reported results
  source text: On November 9, 2023, Digi International Inc. (“Digi”) issued a press release regarding Digi’s financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854775/000085477523000013/0000854775-23-000013-index.htm

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