Ubiquiti: Q4 Earnings Insights

Ubiquiti: Q4 Earnings Insights

 

Ubiquiti UI reported its Q4 earnings results on Friday, August 26, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Ubiquiti beat estimated earnings by 27.27%, reporting an EPS of $1.54 versus an estimate of $1.21.

Revenue was down $34.74 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.95 which was followed by a 15.6% drop in the share price the next day.

Here's a look at Ubiquiti's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 1.78 2.29 2.29 2.34
EPS Actual 0.83 1.66 2.12 2.47
Revenue Estimate 447.50M 467.79M 493.75M 463.93M
Revenue Actual 358.07M 431.60M 458.91M 477.89M

To track all earnings releases for Ubiquiti visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings