Ubiquiti Networks (UBNT) Misses Q1 EPS by 5c

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Go back to Ubiquiti Networks (UBNT) Misses Q1 EPS by 5c

Ubiquiti Networks Reports First Quarter Fiscal 2015 Financial Results

November 6, 2014 4:00 PM EST

SAN JOSE, Calif., Nov. 6, 2014 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (Nasdaq: UBNT) ("Ubiquiti") today announced results for the first fiscal quarter of 2015 ended September 30, 2014.

First Quarter Financial Summary

Revenues of $150.1 million, up 16% year-over-year. GAAP net income of $37.7 million and non-GAAP net income of $43.4 million. GAAP operating profit of $43.6 million and non-GAAP operating profit of $50.5 million. GAAP diluted EPS of $0.42 and non-GAAP diluted EPS of $0.48. Cash of $391.0 million, up 40% year-over-year and 13% sequentially. $46.9 million in net cash provided by operating activities.

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