Benzinga | Aug 27, 2021 07:21AM EDT

Ubiquiti Q4 Adj. EPS $2.47 Beats $2.34 Estimate, Sales $477.90M Beat $463.93M Estimate

Ubiquiti (NYSE:UI) reported quarterly earnings of $2.47 per share which beat the analyst consensus estimate of $2.34 by 5.56 percent. This is a 69.18 percent increase over earnings of $1.46 per share from the same period last year. The company reported quarterly sales of $477.90 million which beat the analyst consensus estimate of $463.93 million by 3.01 percent. This is a 51.46 percent increase over sales of $315.52 million the same period last year.