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Stock impact report

Digi International Reports Third Fiscal Quarter 2019 Results

Digi International Inc. (DGII) 
Last digi international inc. earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/4i-m.url
Company Research Source: Business Wire
IoT Solutions Surpasses 61,000 Sites; IoT Products & Services Awarded an Expected $20 Million Project MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII), today announced its financial results for the third fiscal quarter ended June 30, 2019. We reported revenue of $61.2 million for the third fiscal quarter of 2019 compared to our guidance range of $60.0 million to $64.0 million. In the third fiscal quarter of 2018, our revenue was $62.3 million.Adjusted EBITDA in the third fiscal quarter of 2019 was $6.1 million, or 10.0% of total revenue, compared to our guidance range of $4.5 million to $6.5 million. In the third fiscal quarter of 2018, our adjusted EBITDA was $7.9 million, or 12.6% of total revenue.Net income for the third fiscal quarter of 2019 was $1.6 million, or $0.06 per diluted share, compared to our guidance range of $0.02 per diluted share to $0.06 per diluted share. In the third fiscal quarter of 2018, our net income was $2.9 million, or $0.10 per dil Show less Read more
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