Digi International Inc. reported earnings results for the fourth quarter and full year ended September 30, 2024. For the fourth quarter, the company reported sales was USD 105.05 million compared to USD 112.16 million a year ago. Net income was USD 11.86 million compared to USD 6.37 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.17 a year ago.
For the full year, sales was USD 424.05 million compared to USD 444.85 million a year ago. Net income was USD 22.51 million compared to USD 24.77 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 0.69 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to USD 0.67 a year ago.