Recap: Digi International Q1 Earnings

Digi International DGII reported its Q1 earnings results on Wednesday, February 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Digi International beat estimated earnings by 24.14%, reporting an EPS of $0.36 versus an estimate of $0.29, which surprised analysts.

Revenue was up $11.11 million from the same period last year.

Last quarter the company beat on EPS by $0.17, which was followed by a 10.96% increase in the share price the next day.

Here's a look at Digi International's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.08			0.06
EPS Actual	0.25	0.25	0.27	0.32
Revenue Estimate	77.20M	77.16M	74.01M	70.16M
Revenue Actual	79.11M	79.08M	77.30M	73.15M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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