AI brief of an SEC Form 8-K · Digi International (DGII)

Digi International Q1 revenue falls 2% to $104 million; net income rises to $10 million

Mixed Impact 3 of 5 earnings Written later

Digi International reported first fiscal quarter 2025 results for the period ended December 31, 2024. Revenue fell 2% to $104 million, while net income was $10 million compared with a net loss of $3 million a year earlier, and the company left its fiscal 2025 outlook unchanged.

Key points

  • Revenue was $104 million, down 2% from the prior-year quarter.
  • Net income was $10 million, or $0.27 per diluted share, compared with a net loss of $3 million, or $0.08 per diluted share.
  • Annualized Recurring Revenue was $120 million at quarter end, up 11%.
  • Outstanding debt was reduced to $95.0 million, and fiscal 2025 guidance was unchanged, with revenue and Adjusted EBITDA projected to be flat year over year.

The filing

CompanyDigi International (DGII)
Form8-K, current report
Filed with the SECFeb 5, 2025, 4:06 PM ET
Accession number0000854775-25-000005

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.