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Mar 31, 2021
Digi Q2 2021 Earnings Report
Digi reported record quarterly revenue and improved capital structure.
Key Takeaways
Digi International reported record revenues of $77.3 million for the second fiscal quarter of 2021, representing a 5.2% increase compared to the same period last year. The company also executed strategic actions including a debt restructure, stock offering, and the acquisition of Haxiot, Inc.
Record revenues achieved in the second fiscal quarter.
Annual recurring revenues reached nearly $34 million.
Completed a debt restructure and stock offering.
Acquired Haxiot, Inc. to enhance Digi's capabilities.
Digi
Digi
Digi Revenue by Segment
Revenue by Segment
IoT Product & Services Revenue
CapyFin.comIoT Solutions Revenue
CapyFin.com Forward Guidance
No forward guidance was mentioned in the provided document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income