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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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