Digi International Inc. (DGII) reported first-quarter net income of $1.2 million or $0.05 per share compared with $1.0 million or $0.04 per share in the previous year period.
Net sales for the quarter increased to $42.96 million from $41.36 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.04 per share on revenues of $40.92 million for the quarter.
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