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Ubiquiti Q2 Adj. EPS $3.88 Beats $3.08 Estimate, Sales $814.867M Beat $726.812M Estimate

Benzinga Newsdesk 8 months ago

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Ubiquiti (NYSE:UI) reported quarterly earnings of $3.88 per share which beat the analyst consensus estimate of $3.08 by 26.14 percent. This is a 70.18 percent increase over earnings of $2.28 per share from the same

Ubiquiti (NYSE:UI) reported quarterly earnings of $3.88 per share which beat the analyst consensus estimate of $3.08 by 26.14 percent. This is a 70.18 percent increase over earnings of $2.28 per share from the same period last year. The company reported quarterly sales of $814.867 million which beat the analyst consensus estimate of $726.812 million by 12.12 percent. This is a 35.84 percent increase over sales of $599.879 million the same period last year.

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