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Ubiquiti: Fiscal 1Q Earnings Snapshot

November 8, 2019

NEW YORK (AP) _ Ubiquiti Inc. (UI) on Friday reported fiscal first-quarter profit of $98.1 million.

The New York-based company said it had profit of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $1.44 per share.

The computer networking company posted revenue of $323.3 million in the period.

Ubiquiti shares have climbed 31% since the beginning of the year. The stock has risen 38% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UI at https://www.zacks.com/ap/UI