Ubiquiti Networks (UBNT) PT Raised to $86 at Credit Suisse

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Ubiquiti Networks Reports First Quarter Fiscal 2019 Financial Results

November 9, 2018 7:22 AM EST

~Revenues of $282.9 million and GAAP EPS of $1.16~

~Initiated new $200 million Stock Repurchase Program~

NEW YORK--(BUSINESS WIRE)-- Ubiquiti Networks, Inc. (NASDAQ: UBNT) (Ubiquiti" or the "Company) today announced results for the first quarter fiscal 2019, ended September30, 2018.

First Quarter Fiscal 2019 Financial Highlights

Revenues of $282.9 million, increasing 15.1% year-over-year GAAP diluted EPS of $1.16, increasing 26.1% year-over-year Non-GAAP diluted EPS of $1.17, increasing 27.2% year-over-year

Additional Highlights

... More