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Ubiquiti Inc reports results for the quarter ended March 31 - Earnings Summary

Ubiquiti Inc UI.N reported quarterly adjusted earnings of $3.00​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.28.  The mean expectation of two analysts for the quarter was for earnings of $1.97 per share.

Revenue rose 34.7% to $664.17 million from a year ago; analysts expected $597.69 million.

Ubiquiti Inc's reported EPS for the quarter was $2.98​.

The company reported quarterly net income of $180.44 million.

Ubiquiti Inc shares had risen by 13.9% this quarter and gained 6.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "hold"

Wall Street's median 12-month price target for Ubiquiti Inc is $331.00

This summary was machine generated from LSEG data May 9 at 01:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.973.00Beat
Dec. 31 20242.142.28Beat
Sep. 30 20241.632.14Beat
Jun. 30 20241.731.74Beat

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