Ubiquiti Networks (UBNT) Tops Q4 EPS by 5c, Q1 Guidance Tops Views

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Go back to Ubiquiti Networks (UBNT) Tops Q4 EPS by 5c, Q1 Guidance Tops Views

Ubiquiti Networks Reports Preliminary Fourth Quarter Fiscal 2016 Financial Results

August 4, 2016 4:02 PM EDT

 ~ Achieves Record Revenue and Earnings ~

~ Non-GAAP Diluted EPS of $0.69 Per Share ~

SAN JOSE, Calif., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti or the Company) today announced results for the fourth fiscal quarter of 2016, ended June 30, 2016.

Fourth Quarter Fiscal 2016 Financial Summary

Revenues of $185.7 millionGAAP gross profit of $89.8 million and non-GAAP gross profit of $89.9 millionGAAP net income of $57.7 million and non-GAAP net income of $58.2 millionGAAP diluted EPS and non-GAAP... More