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 (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits 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 (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.