Ubiquiti Inc. Reports Third Quarter Fiscal 2021 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced its financial results for the third quarter fiscal 2021, ended March 31, 2021.
Third Quarter Fiscal 2021 Financial Summary
-
Revenues of
$467.2 million , increasing38.5% year-over-year -
GAAP diluted EPS of
$2.32 , increasing45.0% year-over-year -
Non-GAAP diluted EPS of
$2.30 , increasing42.9% year-over-year
Additional Financial Highlights
-
The Company amended and restated its credit facility, providing for a
$500 million term loan facility and a$700 million revolving credit facility, as disclosed in the Form 8-K filed on April 5, 2021. -
The Company's Board of Directors declared a
$0.40 per share cash dividend payable on May 24, 2021 to shareholders of record at the close of business on May 17, 2021.
Financial Highlights ($, in millions, except per share data) |
||||||
Income statement highlights |
|
F3Q21 |
|
F2Q21 |
|
F3Q20 |
Revenues |
|
467.2 |
|
479.4 |
|
337.4 |
Service Provider Technology |
|
152.4 |
|
149.9 |
|
106.4 |
Enterprise Technology |
|
314.9 |
|
329.6 |
|
231.0 |
Gross profit |
|
222.7 |
|
230.7 |
|
159.6 |
Gross Profit (%) |
|
|
|
|
|
|
Total Operating Expenses |
|
43.7 |
|
39.9 |
|
32.3 |
Ubiquiti Inc
NYSE:UIUI RankingsUI Latest NewsUI Stock Data
18.54B
4.20M
93.06%
4.15%
0.5%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
United States
NEW YORK
| ||||||