Ubiquiti Q3 Adj $1.28 Misses $1.56 Estimate, Sales $493.00M Beat $479.64M Estimate
$UI
Radio And Television Broadcasting And Communications Equipment
Technology
Ubiquiti (NYSE:UI) reported quarterly earnings of $1.28 per share which missed the analyst consensus estimate of $1.56 by 17.95 percent. This is a 22.42 percent decrease over earnings of $1.65 per share from the same period last year. The company reported quarterly sales of $493.00 million which beat the analyst consensus estimate of $479.64 million by 2.78 percent. This is a 7.69 percent increase over sales of $457.77 million the same period last year.