Ubiquiti's Fiscal Q1 Adjusted Earnings, Revenue Increase

MT Newswires Live11-08

Ubiquiti (UI) reported fiscal Q1 non-GAAP earnings Friday of $2.14 per diluted share, up from $1.47 a year earlier.

An analyst polled by Capital IQ expected $1.63.

Revenue for the quarter ended Sept. 30 was $550.3 million, compared with $463.1 million a year earlier.

An analyst surveyed by Capital IQ expected $553 million.

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