Digi International Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2023
November 09, 2023 at 08:05 am EST
Digi International Inc. reported earnings results for the fourth quarter and full year ended September 30, 2023. For the fourth quarter, the company reported sales was USD 112.16 million compared to USD 105.74 million a year ago. Net income was USD 6.37 million compared to USD 11.22 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.17 compared to USD 0.31 a year ago.
For the full year, sales was USD 444.85 million compared to USD 388.23 million a year ago. Net income was USD 24.77 million compared to USD 19.38 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 0.54 a year ago.