Digi International Inc. reported earnings results for the fourth quarter and full year ended September 30, 2024. For the fourth quarter, the company reported sales was USD 105.05 million compared to USD 112.16 million a year ago. Net income was USD 11.86 million compared to USD 6.37 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.17 a year ago.
For the full year, sales was USD 424.05 million compared to USD 444.85 million a year ago. Net income was USD 22.51 million compared to USD 24.77 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to USD 0.67 a year ago.
Digi International Inc. is a global provider of Internet of Things (IoT) connectivity products, services, and solutions. The Company helps its customers deploy, monitor and manage critical communications infrastructures. Its segments include IoT Products and Services, and IoT Solutions. The IoT Products and Services segment offers products and services that help original equipment manufacturers as well as enterprise and government customers create and deploy secure IoT connectivity solutions. These include embedded and wireless modules, console servers, enterprise, and industrial routers as well as other infrastructure management equipment. The Company also provides its customers with a device management platform as well as other professional services. The IoT Solutions segment consists of SmartSense by Digi business and managed network-as-a-service business. It offers wireless temperature and other condition-based monitoring services as well as employee task management services.
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
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