Ubiquiti: Fiscal 1Q Earnings Snapshot

November 9, 2018

NEW YORK (AP) _ Ubiquiti Networks Inc. (UBNT) on Friday reported fiscal first-quarter profit of $85.7 million.

On a per-share basis, the New York-based company said it had profit of $1.16. Earnings, adjusted for one-time gains and costs, came to $1.17 per share.

The computer networking company posted revenue of $282.9 million in the period.

Ubiquiti shares have increased 33 percent since the beginning of the year. The stock has risen 45 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBNT at https://www.zacks.com/ap/UBNT

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