Ubiquiti Networks (UBNT) Tops Q1 EPS by 3c; Guides In-Line

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Go back to Ubiquiti Networks (UBNT) Tops Q1 EPS by 3c; Guides In-Line

Ubiquiti Networks Reports First Quarter Fiscal 2016 Financial Results

November 5, 2015 4:02 PM EST

 ~ Achieves Strong Revenue and Earnings ~

~ Non-GAAP Diluted EPS of $0.51 Per Share ~

SAN JOSE, Calif., Nov. 05, 2015 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti) today announced results for the first fiscal quarter of 2016, ended September 30, 2015.

First Quarter Financial Summary

Revenues of $151.4 millionGAAP gross profit of $73.5 million and non-GAAP gross profit of $72.7 millionGAAP net income of $53.8 million and non-GAAP net income of $45.5 millionGAAP diluted EPS of $0.61 and... More