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Ubiquiti 11/8/2024 Earnings Report

Ubiquiti logo
$420.94 +18.50 (+4.60%)
As of 02/4/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Ubiquiti EPS Results

Actual EPS
$2.12
Consensus EPS
$1.75
Beat/Miss
Beat by +$0.37
One Year Ago EPS
N/A

Ubiquiti Revenue Results

Actual Revenue
$550.34 million
Expected Revenue
$535.03 million
Beat/Miss
Beat by +$15.31 million
YoY Revenue Growth
N/A

Ubiquiti Announcement Details

Quarter
Time
Before Market Opens

Conference Call Resources

Ubiquiti Earnings Headlines

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Ubiquiti price target raised to $440 from $385 at BWS Financial
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About Ubiquiti

Ubiquiti (NYSE:UI) develops networking technology for service providers, enterprises, and consumers. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products. The company also provides technology platforms, such as airMAX, which include proprietary protocols that contain technologies for minimizing signal noise; EdgeMAX, a software and system routing platform; airFiber, a wireless backhaul point-to-point radio system; and UFiber GPON, a plug and play fiber network technology to build high speed fiber internet networks. In addition, it offers UniFi Gateway Console, an enterprise class router and security gateway device; UniFi Wi-Fi, an enterprise Wi-Fi system; UniFi Protect, a video surveillance system, which provides statistical reporting and advanced analytics; UniFi Switch that deliver performance, switching, and power of ethernet support for enterprise networks; UniFi Access, a door access system; and UniFi Talk, a plug-and-play phone system and VoIP subscription service. Further, the company provides base stations, radios, backhaul equipment, and customer premise equipment; embedded radio products; and antennas. It serves customers through a network of distributors, online retailers, and direct to customers worldwide. The company was formerly known as Ubiquiti Networks, Inc. and changed its name to Ubiquiti Inc. in August 2019. Ubiquiti Inc. was incorporated in 2003 and is headquartered in New York, New York.

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