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Digi International sees Q2 adjusted EPS 42c-46c, consensus 45c
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Digi International sees Q2 adjusted EPS 42c-46c, consensus 45c

Sees Q2 revenue $105M-$109M, consensus $104.53M. The company said, "We expect to see revenues of $105 million to $109 million, with Adjusted EBITDA between $21.0 million and $22.5 million. Using a diluted share count of 37.0 million shares outstanding, we project our Adjusted EPS to be $0.42 to 0.46 per diluted share. We provide earnings guidance on a non-GAAP basis as it is difficult to predict with reasonable certainty items including but not limited to the impact of foreign exchange translation, restructuring, interest and certain tax related events. Given the uncertainty, any of these items could have a significant impact on U.S. GAAP results."

Published first on TheFly

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