Ubiquiti: Fiscal 1Q Earnings Snapshot
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.