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

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