Ubiquiti Networks (UBNT) Tops Q4 EPS by 1c

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Ubiquiti Networks Reports Preliminary Fourth Quarter Fiscal 2017 Financial Results

August 3, 2017 8:30 AM EDT

 ~ Achieves Record Revenue and Eighth Consecutive Quarter of Revenue Growth ~

~Provides Revenue Outlook for Fiscal 2018 of $1.0 billion - $1.15 billion~

~The Company to Host Investor Update Meeting on September 26, 2017~

NEW YORK, Aug. 03, 2017 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti or the Company) today announced results for its fourth quarter fiscal 2017 ended June 30, 2017.

Fourth Quarter Fiscal 2017 Financial Summary

Record quarterly revenues of $228.6 million, increasing 23% year-over-yearGAAP gross profit of $103.2 million, representing 45.1% of... More