Ubiquiti Inc. (UI) Surpasses Q1 Earnings and Revenue Estimates

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 ...