SunTrust Downgrades Ubiquiti Networks (UBNT) to Neutral

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Go back to SunTrust Downgrades Ubiquiti Networks (UBNT) to Neutral

Ubiquiti Networks Reports Third Quarter Fiscal 2015 Financial Results

May 7, 2015 4:12 PM EDT

~ Service Provider Technology Growth ~

~ Non-GAAP Diluted EPS of $0.47 Per Share ~

SAN JOSE, Calif., May 7, 2015 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (Nasdaq: UBNT) ("Ubiquiti") today announced results for the third fiscal quarter of 2015, ended March 31, 2015.

Third Quarter Financial Summary

Revenues of $147.5 million GAAP gross profit of $66.0 million and non-GAAP gross profit of $66.1 million GAAP net income of $41.1 million and non-GAAP net income of $42.0 million GAAP diluted EPS of $0.46 and non-GAAP diluted EPS of... More