earnings
confidence high
sentiment negative
materiality 0.85
Ubiquiti Q4 FY22 revenue $443.1M, GAAP EPS $1.53, down 7.3% YoY
Ubiquiti Inc.
2022-FY EPS reported
$6.13
revenue$1,691,692,000
- GAAP net income $92.5M, down 40.1% YoY; non-GAAP EPS $1.54 vs $2.47 prior year.
- Gross margin 38.3%, down from 48.3% a year ago, due to higher shipping, component costs and tariffs.
- Dividend of $0.60/share declared, payable Sept 13, 2022; company intends at least $0.60/quarter in FY23.
- Repurchased 363,614 shares in Q4 at avg $289.11; full year repurchased 2,193,853 shares at avg $281.75.
- Revenues impacted by global component shortage and COVID outbreaks; sequential revenue up 23.8% from Q3.