Recap: Unifi Q2 Earnings

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Unifi UFI reported its Q2 earnings results on Wednesday, January 31, 2024 at 04:45 PM.

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

Earnings

Unifi beat estimated earnings by 4.71%, reporting an EPS of $-0.81 versus an estimate of $-0.85.

Revenue was up $705 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.26 which was followed by a 8.09% drop in the share price the next day.

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

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate -0.47 -0.29 -0.30 -1.28
EPS Actual -0.73 -0.39 -0.25 -1.21
Revenue Estimate 151.55M 147.90M 155.91M 145.19M
Revenue Actual 138.84M 151.06M 156.74M 136.21M

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

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

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