Recap: Ubiquiti Q2 Earnings

Ubiquiti UI reported its Q2 earnings results on Friday, February 4, 2022 at 07:00 AM.

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

Earnings

Ubiquiti missed estimated earnings by 27.51%, reporting an EPS of $1.66 versus an estimate of $2.29, which surprised analysts.

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Revenue was up $47.84 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.17, which was followed by a 1.14% drop in the share price the next day.

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

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