Ubiquiti UI reported its Q1 earnings results on Friday, November 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Ubiquiti missed estimated earnings by 2.52%, reporting an EPS of $1.55 versus an estimate of $1.59.
Revenue was up $39.17 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 0.88% drop in the share price the next day.
Here's a look at Ubiquiti's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 1.21 | 1.78 | 2.29 | 2.29 |
EPS Actual | 1.54 | 0.83 | 1.66 | 2.12 |
Revenue Estimate | 386.97M | 447.50M | 467.79M | 493.75M |
Revenue Actual | 443.14M | 358.07M | 431.60M | 458.91M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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