Benzinga | Nov 6, 2020 07:17AM EST

Ubiquiti Q1 Adj. EPS $2.47 Up From $1.44 YoY, Sales $473.50M Up From $323.28M YoY

Ubiquiti (NYSE:UI) reported quarterly earnings of $2.47 per share. This is a 71.53 percent increase over earnings of $1.44 per share from the same period last year. The company reported $473.50 million in sales this quarter. This is a 46.47 percent increase over sales of $323.28 million the same period last year.