Financial Performance - Revenues for Q2 Fiscal 2025 reached $599.9 million, a 9.0% increase from the prior quarter and a 29.0% increase year-over-year[8] - GAAP diluted earnings per share (EPS) for Q2 Fiscal 2025 was $2.26, reflecting a 66.2% increase compared to the same period last year[18] - Non-GAAP diluted EPS for Q2 Fiscal 2025 was $2.28, representing a 65.2% increase year-over-year[18] - Gross profit for Q2 Fiscal 2025 was $247.2 million, with a gross margin of 41.2%, a decrease of 0.9% from the prior quarter but an increase of 3.0% year-over-year[9] - Net income for Q2 Fiscal 2025 was $136.8 million, a 66.6% increase from the same period last year[18] - Ubiquiti Inc. reported a net income of $136,795,000 for the three months ended December 31, 2024, compared to $127,988,000 for the previous quarter, representing a 6.4% increase[25] - Non-GAAP net income for the same period was $138,148,000, up from $129,268,000 in the prior quarter, indicating a 6.5% growth[25] - For the six months ended December 31, 2024, net income was $264,783,000, significantly higher than $169,866,000 for the same period in 2023, marking a 55.8% increase[25] - Non-GAAP net income for the six months ended December 31, 2024, was $267,416,000, compared to $172,152,000 in the prior year, showing a 55.4% growth[25] Expenses - Research and development (R&D) expenses for Q2 Fiscal 2025 were $40.0 million, up from $38.0 million in the prior quarter and $36.9 million in the same period last year[11] - Sales, general and administrative (SG&A) expenses for Q2 Fiscal 2025 were $28.5 million, an increase from $24.4 million in the prior quarter and $19.6 million year-over-year[13] - The company reported share-based compensation expenses of $1,793,000 for the three months ended December 31, 2024, which includes costs from revenues, R&D, and administrative expenses[25] Revenue Breakdown - Enterprise Technology revenues were $518.2 million, while Service Provider Technology revenues were $81.7 million for Q2 Fiscal 2025[4] - North America accounted for $321.6 million of total revenues in Q2 Fiscal 2025, a significant increase from $225.9 million in the same period last year[7] Shareholder Returns - The company declared a cash dividend of $0.60 per share, payable on February 24, 2025[3] Non-GAAP Financial Measures - Management emphasizes the importance of non-GAAP financial measures for evaluating operating performance and planning future periods[29] - The company believes that non-GAAP measures provide useful insights into financial trends and conditions, aiding investors in their assessments[28] - Non-GAAP adjustments exclude share-based compensation and tax effects, which may vary significantly based on company activities[30] Share Information - The diluted shares outstanding were 60,527,000 for the three months ended December 31, 2024, slightly up from 60,494,000 in the previous quarter[25]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-35300 UBIQUITI INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of inc ...

Ubiquiti Inc. (UI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Th ...

Shares of Ubiquiti Inc. (UI) have surged 214.5% over the past year, driven by an accretive customer base and healthy revenues on the back of a flexible business model. With healthy fundamentals, this Zacks Rank #2 (Buy) wireless equipment manufacturer appears to be a solid investment option at the moment. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Image Source: Zacks Investment ResearchFactors Propelling UIUbiquiti offers a comprehensive portfolio of networking products ...

Company Overview - Ubiquiti Inc. (UI) shares increased by 8.6% to $393.63 in the last trading session, with a higher-than-average trading volume, compared to a 3.8% gain over the past four weeks [1] - The company has invested significantly in inventory to reduce lead times and meet increasing demand, optimizing its inventory with market demand [3] Financial Performance - Ubiquiti is expected to report quarterly earnings of $1.71 per share, reflecting a year-over-year increase of 23.9% [3] - Revenue for the upcoming quarter is projected to be $516.09 million, which is an 11% increase from the same quarter last year [3] Market Position - Ubiquiti has a proprietary network communication platform that effectively meets end-market customer needs and is focused on reducing operational costs through a self-sustaining mechanism [2] - The stock currently holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [5] Industry Context - Ubiquiti operates within the Zacks Wireless Equipment industry, where another competitor, Motorola (MSI), has a Zacks Rank of 2 (Buy) and reported a 0.9% increase in its stock price [5][6] - The consensus EPS estimate for Motorola has remained unchanged, showing a year-over-year decline of 1.3% [6]

Shares of Ubiquiti Inc. (UI) have surged 146.3% over the past year, driven by an accretive customer base and healthy revenues on the back of a flexible business model. With healthy fundamentals, this Zacks Rank #1 (Strong Buy) wireless equipment manufacturer appears to be a solid investment option at the moment. You can see the complete list of today’s Zacks #1 Rank stocks here.Image Source: Zacks Investment ResearchKey Growth Drivers for UIUbiquiti offers a comprehensive portfolio of networking products an ...

Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...

Shares of Ubiquiti Inc. (UI) have surged 222.8% over the past year, driven by an accretive customer base and healthy revenues on the back of a flexible business model. With healthy fundamentals, this Zacks Rank #1 (Strong Buy) wireless equipment manufacturer appears to be a solid investment option at the moment. You can see the complete list of today’s Zacks #1 Rank stocks here.Image Source: Zacks Investment ResearchKey Growth Drivers of UIWith the wide proliferation of the Internet and exponential growth i ...

Core Insights - Ubiquiti, Inc. reported strong first-quarter fiscal 2025 results, with both revenue and net income exceeding Zacks Consensus Estimates, driven by robust demand in the Enterprise Technology segment [1][2] Financial Performance - Net income on a GAAP basis was $128 million or $2.12 per share, up from $87.8 million or $1.45 per share in the same quarter last year, reflecting solid top-line growth despite higher operating expenses [2] - Non-GAAP net income for the quarter was $129.3 million or $2.14 per share, compared to $88.9 million or $1.47 per share in the prior year, beating the consensus estimate of $1.77 [2] Revenue Breakdown - Total net sales increased to $550.3 million from $463.1 million year-over-year, surpassing the consensus estimate by $15 million [3] - The Enterprise Technology segment generated $470.2 million in revenues, up from $380.1 million in the prior year, exceeding the estimate of $438.1 million [3] - Service Provider Technology revenues were $80.2 million, down from $83 million in the year-ago quarter, primarily due to soft demand in North America and EMEA, but still beating the revenue estimate of $78.9 million [4] Regional Performance - North America revenues reached $271.2 million, up from $224.8 million year-over-year [5] - EMEA revenues increased to $204.9 million from $172.4 million [5] - Asia Pacific revenues rose to $40.9 million from $36.1 million [5] - South America revenues were $33.3 million, up from $29.8 million a year ago [5] Profitability Metrics - Gross profit for the quarter was $231.6 million, compared to $183.9 million in the prior year, with gross margins improving to 42.1% from 39.7% [6] - Operating income increased to $169.2 million from $128.3 million in the previous year [7] Cash Flow and Liquidity - Ubiquiti generated $233.7 million in cash from operating activities, significantly up from $67.7 million in the prior year [8] - As of September 30, 2024, the company had $165.2 million in cash and cash equivalents, with long-term debt of $527.2 million [8]

Ubiquiti Inc. (UI) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.90%. A quarter ago, it was expected that this computer networking company would post earnings of $1.67 per share when it actually produced earnings of $1.74, delivering a surprise of 4.19%.Over the last four quarter ...