WEB NEWS Comments & Business Outlook
“During the third quarter, we posted sound financial results. We are very proud of the progress we have made in recent months,” said Joe Dunsmore, Digi’s Chief Executive Officer. “In the third quarter, Digi completed the acquisition of MobiApps, which added satellite M2M technology to our product portfolio and further expanded our iDigi platform, about which we are quite excited. We were further pleased by Digi’s recent naming to the Fortune Small Business list of ‘America’s 100 Fastest Growing Small Public Companies’. We believe that when we emerge from the general economic downturn, Digi will be well-positioned as a market leader because of our strong balance sheet, our investment in strategic acquisitions, and our pursuit of cutting-edge technology and solutions, as exemplified by the iDigi platform.”
Digi Intl has made revisions to its previously issued 2009 full year guidance.
FULL YEAR 2009 Guidance September a
Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue
$165.0 to $171.0 million
$185.1 million
-10.9% to -7.6%
GAAP EPS b
$0.16 to $0.22
$0.47
-66.0% to -53.2%
Non-GAAP EPS b
$0.17 to $0.23
$0.56
-66.6% to -58.9%
Source:
See Release , July 23, 2009
a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement. b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non- GAAP please refer to its financial press releases. The GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Comments & Business Outlook
3rd Quarter 2009 Guidance Ending Junea
3rd Quarter 2009 Guidance 3rd Quarter 2008 Reported Period Change
GAAP Revenue
$42.0 to 48.0 million
$47.0 million
-10.6% to 2.1%
GAAP EPS b
$0.01 to $0.06
$.08
-87.5% to -25.0%
Non-GAAP EPS b
$0.06 to $0.11
$0.15
-60.0% to -26.7%
Source:
See Release for the period ended March 31, 2009
FULL YEAR 2009 Guidance September a
Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue
$165.0 to $175.0 million
$185.1 million
-10.9% to -5.5%
GAAP EPS b
$0.11 to $0.22
$0.47
-76.6% to -53.2%
Non-GAAP EPS b
$0.16 to $0.26
$0.56
-71.1% to -53.6%
Source:
See Release for the period ended March 31, 2009
a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement. b Non-GAAP EPS figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Comments & Business Outlook
Guidance R eport
2009 Second fiscal quarter Revenue
2009 Second fiscal quarter EPS
2009 annual revenue
2009 Annual GAAP EPS
$40 million to $46 million
$0.01 to $0.07
$170 million to $200 million
$0.19 to $0.47
Source: Business Wire (January 22, 2009 )
