Wunderlich Securities Downgrades Ubiquiti Networks (UBNT) to Hold

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Go back to Wunderlich Securities Downgrades Ubiquiti Networks (UBNT) to Hold

Ubiquiti Networks Reports Fourth Quarter Fiscal 2015 Financial Results

August 6, 2015 4:05 PM EDT

~ Achieves Solid Revenue and Earnings ~

~ Non-GAAP Diluted EPS of $0.50 Per Share ~

SAN JOSE, Calif., Aug. 6, 2015 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) ("Ubiquiti") today announced results for the fourth fiscal quarter of 2015, ended June 30, 2015.

Fourth Quarter Financial Summary

Revenues of $145.3 million GAAP gross profit of $66.1 million and non-GAAP gross profit of $66.3 million GAAP net income of $4.5 million and non-GAAP net income of $44.1... More