Digi Reports Q1 Revenue of $122M, Exceeding Expectations
Reports Q1 revenue $122M, consensus $115.63M. "We're off to a great start to our fiscal year 2026. Digi's customer focus is shining through our IoT solutions that drive meaningful ROI. With the addition of Jolt, we delivered double digit growth in ARR, revenue, adjusted EBITDA, and adjusted EPS in our fiscal first quarter," stated Ron Konezny, President and CEO. "We are thrilled to have the Particle team join the Digi family. Particle's unique solutions build and manage connected devices, and we have an aligned culture focused on customer value. Our strong cash generation propels a flywheel of organic growth complemented by select acquisitions."
