Ubiquiti Inc. (UI) Beats Q3 Earnings and Revenue Estimates

Ubiquiti Inc. (UI) came out with quarterly earnings of $3 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 61.29%. A quarter ago, it was expected that this computer networking company would post earnings of $1.71 per share when it actually produced earnings of $2.28, delivering a surprise of 33.33%.Over the last four quarters, ...