Ubiquiti Inc. is set to announce its latest quarterly earnings on Thursday, May 7th, with a consensus estimate EPS of $4.29.
In the current trading session, Ubiquiti Inc. (UI) is priced at $965.45, showing a decrease of $43.98 (-4.36%) from the previous close of $1,009.43. Trading volume stands at $21,316, representing a 20.43% increase relative to the average.
The company's previous quarterly earnings were reported on Thursday, February 5th, with a consensus estimate EPS of 2.81. The latest quarterly revenue figures are pending.
Ubiquiti Inc. offers a forward dividend yield of 0.331%, with a dividend per share MRQ of 80 cents and a yearly increase of 55.56 cents to the dividend per share, now at $3.
Ubiquiti Inc. showcases a healthy cash flow with free cash flow at $269 million and a net cash increase of $125.62 million. The company repaid debt worth $86.25 million, maintaining a solid financial position.
With a revenue of $814.87 million and a net income of $233.61 million, Ubiquiti Inc. reports an EPS of $3.86. The company demonstrates strong profitability and operational efficiency.
Key ratios for Ubiquiti Inc. show a solid financial performance, including a net profit margin of 28.67%, return on equity of 23%, and a price-to-earnings ratio of 35.83.
The balance sheet reveals total assets of $1.61 billion, total liabilities at $592.63 million, and net debt standing at -$128.71 million, indicating a strong financial position for Ubiquiti Inc.
This report provides a comprehensive overview of Ubiquiti Inc.'s current financial status, emphasizing its stock performance and upcoming earnings release.
Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. It develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other WLAN products, as well as consumer products under the Ubiquiti Labs brand name. The company also provides technology platforms, such as airMAX, which include proprietary protocols that contain technologies for minimizing signal noise; EdgeMAX, a software and system routing platform; airFiber, a point-to-point radio system; and UFiber GPON, a plug and play fiber network technology to build high speed fiber internet networks. In addition, it offers UniFi -Enterprise WLAN, an enterprise Wi-Fi system that allows for on-site and remote management through the cloud; UniFi Protect, a video surveillance system, which provides statistical reporting and advanced analytics; UniFi Switch that deliver performance, switching, and power of Ethernet support for enterprise networks; UniFi Console, an enterprise class router and security gateway device; and UniFi Access, a door access system. Further, offers base stations, radios, backhaul equipment, and customer premise equipment; embedded radio products; antennas; and mounting brackets, cables, and power over Ethernet adapters. It serves customers through a network of approximately 100 distributors, online retailers, and direct to customers worldwide. The company was formerly known as Ubiquiti Networks, Inc. and changed its name to Ubiquiti Inc. in August 2019. Ubiquiti Inc. was incorporated in 2003 and is headquartered in New York, New York.