Digi International Announces Strong Preliminary Second Fiscal Quarter Revenue Estimate of $33 Million; Revenue and Earnings Exceed Analyst Expectations.Business/High-Tech Editors MINNEAPOLIS--(BUSINESS WIRE)--April 4, 2001 Digi International Digi International was founded in 1985 as DigiBoard and is headquartered in Minnetonka, Minnesota, USA. The company went public as Digi International in 1989 and is traded on the NASDAQ National Market under the symbol DGII. (R) (Nasdaq:DGII DGII Dirección General de Impuestos Internos DGII Directorate General of Human Rights (EU) DGII Deutschsprachige Gesellschaft für Intraokularlinsen-Implantation und refraktive Chirurgie (German) ), the leader in Connectware, announced today that results for the quarter ended March 31, 2001 are expected to exceed analysts' consensus estimates for revenues and earnings. While the company is still completing its review of results for the quarter, preliminary expectations are to report second fiscal quarter revenue of approximately $33 million and earnings per diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. share of between $0.02 and $0.05. Excluding amortization of intangible assets Intangible Asset An asset that is not physical in nature. Notes: Examples are things like copyrights, patents, intellectual property, and goodwill. These are the opposite of tangible assets. the earnings per diluted share are expected to be between $0.07 and $0.10. Digi announced the timing of the earnings release and conference call to discuss fiscal second quarter 2001 results. The Company expects to release results for the quarter at 3:15 p.m. Central Time on Wednesday, April 18, 2001 with a conference call to follow immediately at 4:00 p.m. Central Time. Digi invites all those interested in hearing management's discussion of the quarter to join the call by dialing: (800) 287-0835 (U.S.) or 212-676-5390 (International). A replay will be available for one week following the call by dialing (800) 633-8284 (U.S.) or (858) 812-6440 (International). To access the replay please enter the following access code when prompted: 18251402. Participants may also access a live web cast of the conference call through the investor relations Investor relations The process by which the corporation communicates with its investors. section of Digi's web site at www.digi.com. About Digi International Digi International (Nasdaq: DGII), based in Minneapolis, is the leader in Connectware, wired and wireless, hardware and software connectivity solutions that businesses use to create, customize and control retail operations, industrial automation and other applications. Connectware network-enables the essential devices that build business. Digi markets its products through a global network of distributors and resellers, systems integrators An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. and original equipment manufacturers (OEMs). For more information, visit Digi's Web site at www.digi.com, or call (800) 344-4273 (U.S.) or (612) 912-3444 (International). Digi, Digi International and the Digi logo are trademarks or registered trademarks of Digi International Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. All other brand names and product names are trademarks or registered trademarks of their respective companies. |
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