Ubiquiti Networks (UBNT) Misses Q2 EPS by 5c
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Ubiquiti Networks Reports Second Quarter Fiscal 2017 Financial Results
February 9, 2017 4:01 PM EST~ Achieves Record Revenue ~
~ Sixth Consecutive Quarter of Revenue Growth ~
SAN JOSE, Calif., Feb. 09, 2017 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti or the Company) today announced results for the second fiscal quarter of 2017 ended December 31, 2016.
Second Quarter Fiscal 2017 Financial Summary
Revenues of $213.5 million, increasing 32% year-over-yearGAAP gross profit of $95.1 million and non-GAAP gross profit of $95.2 millionGAAP net income of $60.6 million and non-GAAP net income of $60.1 millionGAAP and non-GAAP diluted EPS of... More