Ubiquity reported

https://finance.yahoo.com/news/ubiquiti-networks-reports-fou…
and
https://seekingalpha.com/news/3490223-ubiquiti-minus-6_6-per…

Q4 EPS was a bit higher than expected, revenue was down a bit.

Another $500M in share repurchases announced.

Stock moving from Nasqaq (UBNT) to NYSE (UI) on Aug 20, as part of company name change from Ubiquity Networks to Ubiquiti Inc.

Reading the numbers, the company is still growing, gross margins are up, etc.

I don’t understand the motivation for moving to the NYSE. Could it be tied to the company buying back so many shares?

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