Ubiquiti Inc. reported fourth-quarter adjusted earnings per share of $4.73, exceeding analyst expectations by $0.25 and marking a 14% increase from $4.14 in the same period last year. Revenue totaled $937.3 million, up 8% year-on-year and surpassing the $868.35 million consensus estimate.
The networking equipment manufacturer’s stock closed at $573.87 on Friday, down 6.05% over the past three months despite the strong financial performance. Over the prior 12 months, shares have gained 12.47%.
InvestingPro’s financial health score rated Ubiquiti’s performance as "great," though the company saw one negative EPS revision in the last 90 days, with no positive revisions recorded.
