Ubiquiti Networks Reports Third Quarter Fiscal 2016 Financial Results

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Go back to Ubiquiti Networks Reports Third Quarter Fiscal 2016 Financial Results

BMO Capital Upgrades Ubiquiti Networks (UBNT) to Market Perform

May 6, 2016 7:02 AM EDT

BMO Capital upgraded Ubiquiti Networks (NASDAQ: UBNT) from Underperform to Market Perform with a price target of $37.00 (from $30.00).

Analyst Tim Long commented, "Ubiquiti reported a solid quarter, with revenue of $167 million slightly topping expectations and EPS of $0.63 well above our/consensus $0.60/$0.57 estimates. Revenue and EPS guidance of $175... More

Ubiquiti Networks (UBNT) Tops Q3 EPS by 7c, Offers Q4 Guidance

May 5, 2016 4:18 PM EDT

Ubiquiti Networks (NASDAQ: UBNT) reported Q3 EPS of $0.63, $0.07 better than the analyst estimate of $0.56. Revenue for the quarter came in at $167.4 million versus the consensus estimate of $164.35 million.

GUIDANCE:

Ubiquiti Networks sees Q4 2016 EPS of $0.61-$0.67, versus the consensus of... More