Ubiquiti Networks (UBNT) Tops Q3 EPS by 4c
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Ubiquiti Networks Reports Third Quarter Fiscal 2017 Financial Results
May 4, 2017 4:01 PM EDTÂ ~ Achieves Record Revenue and Seventh Consecutive Quarter of Revenue Growth ~
SAN JOSE, Calif., May 04, 2017 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti or the Company) today announced results for its fiscal 2017 third quarter ended March 31, 2017.
Third Quarter Fiscal 2017 Financial Summary
Record quarterly revenues of $218.4 million, increasing 30% year-over-yearGAAP gross profit and non-GAAP gross profit of $99.1 millionGAAP net income of $64.4 million and non-GAAP net income of $64.6 million, increasing 22% year-over-yearGAAP diluted EPS of $0.77 and non-GAAP diluted EPS of $0.78... More