Ubiquiti: Fiscal 4Q Earnings Snapshot
NEW YORK (AP) _ Ubiquiti Networks Inc. (UBNT) on Friday reported fiscal fourth-quarter net income of $70.9 million.
The New York-based company said it had net income of $1.01 per share. Earnings, adjusted for one-time gains and costs, were $1.19 per share.
The computer networking company posted revenue of $286.6 million in the period.
For the year, the company reported profit of $322.7 million, or $4.51 per share. Revenue was reported as $1.16 billion.
Ubiquiti shares have climbed 21% since the beginning of the year. The stock has increased 50% in the last 12 months.