Ubiquiti jumps after robust Q4 results
BUZZ-Ubiquiti jumps after robust Q4 results ** Shares of network infrastructure firm Ubiquiti UI.N rise 4.6% to $600 premarket
** Co posts Q4 adj. EPS of $4.73, up from $3.54 a year ago
** Reports Q4 revenue of $937.3, up around 23.5% over the year earlier
** Results driven by increase in revenue from Enterprise Technology platform, offsetting a decrease in revenues in Service Provider Technology platform - co
** UI also announces $1 per-share cash dividend
** As of last close, stock up 3.7% YTD
(Reporting by Anand Gopal in Bengaluru)
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Ubiquiti jumps after robust Q4 results
Ubiquiti Inc. reports results for the quarter ended June 30 - Earnings Summary