Recap: Ubiquiti Q1 Earnings

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:

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.