Ubiquiti (NYSE:UI) reported its Q3 earnings results on Friday, May 6, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Ubiquiti reported an EPS of $0.83.
Revenue was down $109.17 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.63 which was followed by a 10.67% drop in the share price the next day.
Here’s a look at Ubiquiti’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.29 | 2.29 | 2.34 | 2.18 |
| EPS Actual | 1.66 | 2.12 | 2.47 | 2.30 |
| Revenue Estimate | 467.79M | 493.75M | 463.93M | 427.42M |
| Revenue Actual | 431.60M | 458.91M | 477.89M | 467.24M |
To track all earnings releases for Ubiquiti visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
