Digi International Non-GAAP EPS of $0.50 beats by $0.06, revenue of $111.14M beats by $3.73M
- Digi International press release (NASDAQ:DGII): Q2 Non-GAAP EPS of $0.50 beats by $0.06.
- Revenue of $111.14M (+17.3% Y/Y) beats by $3.73M.
- Gross profit margin was 56.6% versus 54.9%. Gross profit margin excluding amortization was 57.4% compared to 56.3%.
- Adjusted EBITDA was $24 million, an increase of 22%.
- Annualized Recurring Revenue was $99 million at quarter end, an increase of 10%.