Loading...
•
Sep 30, 2020
Digi Q4 2020 Earnings Report
Reported record annual revenue and EPS growth, driven by the Opengear acquisition and strong performance in IoT Product & Services segment.
Key Takeaways
Digi International reported a revenue increase of 12.6% to $73.2 million and a net income increase of 93.9% to $4.4 million for the fourth fiscal quarter of 2020. Adjusted EPS increased to $0.32 per diluted share compared to $0.18 per diluted share and Adjusted EBITDA increased to $12.1 million compared to $7.6 million.
Revenue increased to $73.2 million, up 12.6% year-over-year.
Net income increased to $4.4 million, a 93.9% increase year-over-year.
Adjusted EPS increased to $0.32 per diluted share, a 77.8% increase year-over-year.
Adjusted EBITDA increased to $12.1 million, a 58.3% increase year-over-year.
Digi
Digi
Digi Revenue by Segment
Revenue by Segment
IoT Solutions Revenue
CapyFin.com Forward Guidance
Due to the ongoing uncertainties caused by the COVID-19 pandemic and the resulting dynamic macroeconomic conditions, Digi will not be providing financial guidance.