Ubiquiti Networks (UBNT) Tops Q2 EPS by 7c, Offers Q3 Guidance

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Go back to Ubiquiti Networks (UBNT) Tops Q2 EPS by 7c, Offers Q3 Guidance

Ubiquiti Networks Reports Second Quarter Fiscal 2016 Financial Results

February 4, 2016 4:01 PM EST

~ Achieves Record Revenue and Earnings ~

~ Non-GAAP Diluted EPS of $0.58 Per Share ~

SAN JOSE, Calif., Feb. 04, 2016 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti) today announced results for the second fiscal quarter of 2016, ended December 31, 2015.

Second Quarter Fiscal 2016 Financial Summary

Revenues of $161.9 millionGAAP gross profit of $79.0 million and non-GAAP gross profit of $79.1 millionGAAP net income of $49.5 million and non-GAAP net income of $49.7 millionGAAP diluted EPS of $0.57 and non-GAAP diluted EPS of... More