UBNT - Reuters brief received this AM

I received the following from Schwab:

BRIEF-Ubiquiti Networks ?expects revenues for quarter ending September 30, 2017 between $240 mln and $250 mln
7:00am ET, 09/19/2017 - Reuters
Sept 19 (Reuters) - Ubiquiti Networks Inc:

* Ubiquiti Networks Inc - expects its revenues for its fiscal quarter ending September 30, 2017 to range between $240 million and $250 million - SEC filing

* Ubiquiti Networks Inc - on September 18, board of directors of company approved an additional $100 million stock repurchase program

* Ubiquiti Networks Inc - new repurchase program expires on September 30, 2018

* Q1 revenue view $234.5 million (this was prior estimate)

At the midpoint of $245 million that beats estimates by $10.5 million, is up from $205 million yoy, is up from $229 million sequentially. And I’m sure they expect to come in near the top of the range or beat it.

Saul

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