secwatch.observer — SEC 8-K summary
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Issuer:     Ubiquiti Inc. (UI)
CIK:        0001511737
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001511737-22-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ubiquiti Q2 FY2022 revenue $431.6M, down 10% YoY; GAAP EPS $1.66
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511737/000151173722000013/0001511737-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511737/000151173722000013/ui-20220201.htm
  HTML page:      https://secwatch.observer/filing/0001511737-22-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer