Digi International Inc (NASDAQ: DGII) reported disappointing financial results for the first fiscal quarter of 2024, with a loss of $-0.08 per share compared to earnings of $0.16 per share in the same period last year. This represents a significant decline in earnings per share (EPS) from $0.17 in the preceding reporting season.The companyns revenue also saw a decrease of -2.943% to $106.09 million, compared to $109.31 million in the corresponding reporting season a year before. However, it is worth noting that the revenue turned positive from a negative figure of $-332,686.00 million in the previous quarter.Digi International Inc logged a net loss of $-3.054 million in the first quarter of 2024, a substantial downturn from the net earnings of $5.779 million achieved in the same period the previous year. This is certainly a setback for the company, which will need to analyze its financials and identify areas https://csimarket.com/stocks/news.php?code=DGII&date=2024-02-02185903&utm_source=dlvr.it&utm_medium=tumblr