UBNT Reports

Ubiquiti Networks (UBNT): Q3 EPS of $0.78 beats by $0.04.

Revenue of $218.36M (+30.4% Y/Y) beats by $4.93M.

Yeppers, growing revenues WHILE increasing profits/earnings! My kind of company.

2 Likes

The guidance for the June quarter is $215-225M in revenue and $0.70-0.75 in non-GAAP EPS.

We’ll see how the guidance is received. At the midpoint revenue growth versus the prior year would be 18% versus 30% of rate quarter just reported. EPS growth would also drop to 5.1% for the June quarter versus 23.8% for the quarter just reported.

Chris

4 Likes

We’ll see how the guidance is received. At the midpoint revenue growth versus the prior year would be 18% versus 30% of rate quarter just reported. EPS growth would also drop to 5.1% for the June quarter versus 23.8% for the quarter just reported.

Yes, a bit disappointing at first glance. Am sure it will get brought up in the Q&A.

Thanks,
A.J.