Digi International Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2023
May 04, 2023 at 05:41 pm IST
Digi International Inc. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was USD 111.14 million compared to USD 94.71 million a year ago. Net income was USD 5.9 million compared to USD 2.85 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to USD 0.08 a year ago.
For the six months, sales was USD 220.45 million compared to USD 178.97 million a year ago. Net income was USD 11.68 million compared to USD 4.03 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.11 a year ago.