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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.

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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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