Ubiquiti Inc. (UI) Tops Q2 Earnings and Revenue Estimates

Ubiquiti Inc. (UI) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this computer networking company would post earnings of $1.77 per share when it actually produced earnings of $2.14, delivering a surprise of 20.90%.Over the last four quarte ...