Latest News by Industry
HOPKINS, Minn. (AP) _ Digi International Inc. (DGII) on Thursday reported fiscal first-quarter profit of $5.8 million.
The Hopkins, Minnesota-based company said it had net income of 16 cents per share. Earnings, adjusted for one-time gains and costs, were 48 cents per share.
The provider of communication adapters posted revenue of $109.3 million in the period.
For the current quarter ending in March, Digi International expects its per-share earnings to range from 42 cents to 46 cents.
The company said it expects revenue in the range of $105 million to $109 million for the fiscal second quarter.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a DGII">Zacks stock report on DGII at https://www.zacks.com/ap/DGII