Digi Int'l (DGII) Tops Q1 EPS by 5c, Revenues Beat; Q2 & FY19 EPS Mid-Point Below Consensus, Q2 Revenue Mid-Point Guidance Above Consensus, FY19 Revenue Guide Below Views

Digi Int'l (NASDAQ: DGII) reported Q1 EPS of $0.04, $0.05 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $62.3 million versus the consensus estimate of $58.39 million.

"A great start to fiscal 2019 is especially encouraging since the first quarter is traditionally our slowest quarter of the year," said Ron Konezny, President and Chief Executive Officer. "We are pleased with the performance from each of our business segments. Our transformation to a premier hardware-enabled, software, services and subscription company is accelerating."

GUIDANCE:

Digi Int'l sees Q2 2019 EPS of $0.01-$0.05, versus the consensus of $0.04. Digi Int'l sees Q2 2019 revenue of $59-63 million, versus the consensus of $60.95 million.

Digi Int'l sees FY2019 EPS of $0.30-$0.45, versus the consensus of $0.45. Digi Int'l sees FY2019 revenue of $245-255 million, versus the consensus of $268.63 million.

For earnings history and earnings-related data on Digi Int'l (DGII) click here.

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