06:27 AM EDT, 05/02/2024 (MT Newswires) -- Digi International ( DGII ) reported fiscal Q2 adjusted earnings late Wednesday of $0.49 per diluted share, down from $0.50 a year earlier.

Analysts polled by Capital IQ expected $0.47.

Revenue for the quarter ended March 31 was $107.7 million, down from $111.1 million a year earlier.

Analysts surveyed by Capital IQ expected $107 million.

The company expects fiscal Q3 adjusted earnings of $0.47 and $0.51 per diluted share. Analysts surveyed by Capital IQ expect $0.52.

The company expects revenue of $103 million to $107 million. Analysts polled by Capital IQ expect $112.7 million.