Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
14 October 2011Website:
http://www.ui.comNext earnings report:
23 August 2024Last dividends:
17 May 2024Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 21:29:10 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
UI Latest News
Ubiquiti (UI) experiences an increase in revenue in the third quarter of fiscal 2024 compared to the previous year, due to strong demand in various regions such as North America, Europe, and the Middle East.
Ubiquiti (UI) reports a top-line contraction year over year in the second quarter of fiscal 2024, owing to declining trends in multiple end markets.
Ubiquiti Inc. (UI) came out with quarterly earnings of $1.38 per share, missing the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.86 per share a year ago.
Ubiquiti (UI) unveils UniFi 7, a massively scalable Wi-Fi 7 solution designed to provide robust WiFi connectivity in enterprise operations.
Ubiquiti's Q1/FY2024 results were a negative surprise because of weak revenues, causing the stock price to fall by -15%. As the industry seems to be facing a challenging macro environment, I believe that Ubiquiti's long-term story should still stand despite current weakness. My DCF model estimates a higher upside than in the previous write-up, but I don't believe the upside is significant enough for a buy rating.
The tech equipment specialist unveiled the results of its first quarter of fiscal 2024. Unfortunately for investors, those results badly missed analyst estimates.
Ubiquiti Inc. (UI) came out with quarterly earnings of $1.47 per share, missing the Zacks Consensus Estimate of $2.59 per share. This compares to earnings of $1.54 per share a year ago.
Ubiquiti Inc. has been a great growth stock for years. Recent issues with the supply chain have caused it to decline. I expect growth to return. The company's business strategy, focused on R&D and efficient cost structure, has been successful. The recent stock price drop presents a potential buying opportunity, as the issues causing the decline are likely short-term and manageable.
Ubiquiti (UI) reports higher revenues year over year in the fourth quarter of fiscal 2023, backed by healthy growth in the Enterprise Technology segment.
Ubiquiti reported better-than-expected revenue but missed on earnings per share. Management is still not raising prices in spite of increased component costs.
What type of business is Ubiquiti?
Ubiquiti Inc. is an IT company that specializes in developing technological platforms for high-performance distributed Internet access, unified information technologies, and consumer electronics for professional, home, and personal use. Ubiquiti Inc. offers a broad and expanding portfolio of networking products and solutions for wireless internet service providers, enterprises, and smart homes. The technological platforms of Ubiquiti Inc. are developed from scratch with a focus on delivering high-tech and easily deployable solutions that are aimed at global customer markets. Ubiquiti Inc. was founded in 2003 and is headquartered in New York, New York.
What sector is Ubiquiti in?
Ubiquiti is in the Technology sector
What industry is Ubiquiti in?
Ubiquiti is in the Communication Equipment industry
What country is Ubiquiti from?
Ubiquiti is headquartered in United States
When did Ubiquiti go public?
Ubiquiti initial public offering (IPO) was on 14 October 2011
What is Ubiquiti website?
https://www.ui.com
Is Ubiquiti in the S&P 500?
No, Ubiquiti is not included in the S&P 500 index
Is Ubiquiti in the NASDAQ 100?
No, Ubiquiti is not included in the NASDAQ 100 index
Is Ubiquiti in the Dow Jones?
No, Ubiquiti is not included in the Dow Jones index
When does Ubiquiti report earnings?
The next expected earnings date for Ubiquiti is 23 August 2024