Ubiquiti Inc. Reports Third Quarter Fiscal 2024 Financial Results
Ubiquiti Inc. (UI)
Last ubiquiti inc. earnings: 11/8 08:00 am
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Source: Business Wire
~ Revenues of $493.0 million ~~ GAAP Diluted Earnings Per Share of $1.26 ~ NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the third quarter ended March 31, 2024.Third Quarter Fiscal 2024 Financial SummaryRevenues of $493.0 millionGAAP diluted EPS of $1.26Non-GAAP diluted EPS of $1.28Additional Financial HighlightThe Company's Board of Directors declared a $0.60 per share cash dividend payable on May 28, 2024 to shareholders of record at the close of business on May 20, 2024.Financial Highlights ($, in millions, except per share data)Income statement highlights F3Q24 F2Q24 F3Q23Revenues 493.0 465.0 457.8Enterprise Technology 414.3 391.5 373.6Service Provider Technology 78.7 73.5
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News
- Ubiquiti Inc. (NYSE: UI) had its price target raised by analysts at Barclays PLC from $93.00 to $108.00. They now have an "underweight" rating on the stock.MarketBeat
- Ubiquiti Inc. (NYSE: UI) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $160.00 price target on the stock.MarketBeat
- Ubiquiti Inc. (NYSE: UI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Ubiquiti Inc.: New Products And High Level Performance Expected Into 2025 [Seeking Alpha]Seeking Alpha
- Ubiquiti Inc. (NYSE: UI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
UI
Earnings
- 5/10/24 - Miss
UI
Sec Filings
- 5/10/24 - Form 8-K
- 5/10/24 - Form 10-Q
- UI's page on the SEC website