Ubiquiti Inc. (UI) Q4 Earnings Beat Estimates

Ubiquiti Inc. (UI) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 4.19%. A quarter ago, it was expected that this computer networking company would post earnings of $1.79 per share when it actually produced earnings of $1.28, delivering a surprise of -28.49%. Over the last four quart ...