Digi International (DGII) Q3 Earnings and Revenues Top Estimates

Core Insights - Digi International reported quarterly earnings of $0.53 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, and showing an increase from $0.5 per share a year ago, resulting in an earnings surprise of +3.92% [1] - The company achieved revenues of $107.51 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.24% and up from $105.2 million year-over-year [2] - Digi International has outperformed consensus EPS estimates three times over the last four quarters and has topped revenue estimates two times in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $108.9 million, while for the current fiscal year, the estimate is $2.04 on revenues of $423.43 million [7] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Computer - Networking industry, to which Digi International belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]