---
schema_version: "secwatch.filing_event.v1"
accession: "0000854775-24-000031"
form_type: "8-K"
ticker: "DGII"
cik: "0000854775"
company_name: "DIGI INTERNATIONAL INC"
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:26:25.367279+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Digi Q4 revenue $105M (-6% YoY); net income $12M; record ARR $116M

## Summary
- Q4 revenue $105M, down 6% YoY; gross margin 61.1% (+400 bps).
- Q4 net income $12M ($0.32 diluted EPS); adjusted EPS $0.52 flat YoY.
- Adjusted EBITDA $26M (+5%); full year cash from operations $83M.
- Full year revenue $424M (-5%); net income $23M ($0.61 diluted EPS).
- Annualized Recurring Revenue (ARR) $116M, up 9% YoY, a record.

## SEC filing metadata
- accession: 0000854775-24-000031
- form_type: 8-K
- ticker: DGII
- cik: 0000854775
- company_name: DIGI INTERNATIONAL INC
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/854775/000085477524000031/0000854775-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854775/000085477524000031/dgii-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000854775-24-000031
- JSON: https://secwatch.observer/filing/0000854775-24-000031.json
- Plain text: https://secwatch.observer/filing/0000854775-24-000031.txt

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