Digi International: Fiscal 1Q Earnings Snapshot
MINNETONKA, Minn. (AP) _ Digi International Inc. (DGII) on Thursday reported fiscal first-quarter net income of $4.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Minnetonka, Minnesota-based company said it had profit of 17 cents. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.
The provider of communication adapters posted revenue of $62.3 million in the period.
Digi International shares have climbed 18 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.86, a rise of 15 percent in the last 12 months.