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.

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.

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.

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