Ubiquiti Inc. (UI) Q1 Earnings and Revenues Beat Estimates

Ubiquiti Inc. (UI) came out with quarterly earnings of $3.46 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +39.52%. A quarter ago, it was expected that this computer networking company would post earnings of $1.94 per share when it actually produced earnings of $3.54, delivering a surprise of +82.47%.Over the last four quar ...