Headline: Digi International Exceeds Q1 Earnings Expectations, DGII

[Para 1: The Lead] Digi International Inc. (DGII) surpassed Wall Street earnings forecasts in its fiscal first quarter, reporting a net income of $11.7 million, or 56 cents per share, exceeding the average analyst estimate of 55 cents per share. Revenue of $122.5 million also surpassed expectations, marking a 6.2% increase from the prior quarter. [Para 2-3: Supporting details & Context] The company, based in Hopkins, Minnesota, expects to maintain momentum in the second quarter, projecting earnings per share between 56 cents and 59 cents, with revenue forecasted between $124 million and $128 million. This financial snapshot underscores Digi International's robust performance and market leadership in communication adapter solutions.