earnings
confidence high
sentiment negative
materiality 0.85
Ubiquiti Q2 FY2022 revenue $431.6M, down 10% YoY; GAAP EPS $1.66
Ubiquiti Inc.
2022-Q2 EPS reported
$3.78
revenue$890,479,000
- Q2 FY2022 revenue $431.6M, down 10% YoY; GAAP EPS $1.66 vs $2.54 YoY.
- Gross margin fell to 40.5% from 48.1% YoY, driven by higher shipping costs.
- Declared $0.60/share dividend payable Feb 22, record Feb 14; authorized $300M buyback program.
- Repurchased 434,271 shares at avg $297.15 in Q2; additional 509,555 shares at $294.05 in Jan-Feb 2022.