Digi International Slides 14% as Earnings Guidance Disappoints
Digi International (DGII) shares were down nearly 14% late Friday, after the networking hardware provider missed with Q2 revenue and disappointed with Q3 and full-year guidance. Its Q2 earnings did beat Street expectations. Revenue was $45.9 million for Q2 2014, compared with $48.2 million for Q2 2013. Net income was $0.7 million, or $0.03 per…
