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.

Also check this: Executives Buy More Than $28M Of 4 Stocks

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:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.29 2.34 2.18 1.77
EPS Actual 2.12 2.47 2.30 2.53
Revenue Estimate 493.75M 463.93M 427.42M 375.49M
Revenue Actual 458.91M 477.89M 467.24M 479.44M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!