AP NEWS

Digi International: Fiscal 1Q Earnings Snapshot

January 31, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DGII at https://www.zacks.com/ap/DGII

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