Ubiquiti's Fiscal Q2 Adjusted Earnings, Revenue Rise

MT Newswires Live

02/07

Ubiquiti (UI) reported fiscal Q2 non-GAAP earnings Friday of $2.28 per diluted share, compared with $1.38 a year earlier.

Analysts surveyed by FactSet expected $2.14.

Revenue for the quarter ended Dec. 31 was $599.9 million, compared with $465 million a year earlier.

Analysts surveyed by FactSet expected $517.4 million.

Shares of Ubiquiti were up 4% in recent premarket activity.

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