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