Ubiquiti Networks (UBNT) Tops Q3 EPS by 7c, Offers Q4 Guidance
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Ubiquiti Networks Reports Third Quarter Fiscal 2016 Financial Results
May 5, 2016 4:02 PM EDT~ Achieves Record Revenue and Earnings ~~ Non-GAAP Diluted EPS of $0.63 Per Share ~
SAN JOSE, Calif., May 05, 2016 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti or the Company) today announced results for the third fiscal quarter of 2016, ended March 31, 2016.
Third Quarter Fiscal 2016 Financial Summary
Revenues of $167.4 millionGAAP gross profit of $82.5 million and non-GAAP gross profit of $82.4 millionGAAP net income of $52.7 million and non-GAAP net income of $53.0 millionGAAP diluted EPS of $0.62 and non-GAAP diluted EPS of... More