Ubiquiti Q2 FY2023 revenue $493.6M, EPS $1.86; declares $0.60 dividend

Ubiquiti Inc.

2023-Q2 EPS reported $3.40 revenue$991,654,000

Revenue $493.6M (+14.4% YoY, -0.9% QoQ); GAAP net income $112.2M (+8.3% YoY).
GAAP diluted EPS $1.86 vs $1.66 YoY; Non-GAAP diluted EPS $1.87 vs $1.66 YoY.
Enterprise Technology revenue $417.4M (+26.3% YoY); Service Provider Technology $76.2M (-24.7% YoY).
Gross margin 40.0%, up from 34.4% QoQ but down from 40.5% YoY due to product mix and costs.
Board declared $0.60/share cash dividend payable Feb 21, 2023, record Feb 13, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ubiquiti Inc. reported the fiscal quarter ended December 31, 2022 results: revenue $493.6 million, net income $112.2 million, EPS $1.86.

Period: the fiscal quarter ended December 31, 2022
Revenue: $493.6 million
Net income: $112.2 million
EPS: $1.86
Result: reported results

Exact text from the filing

by reference, except as otherwise expressly stated in such filing. --- EX-99.1 (EX-99.1) --- UBIQUITI INC. REPORTS SECOND QUARTER FISCAL 2023 FINANCIAL RESULTS ~ Revenues of $493.6 million ~ ~ GAAP Diluted Earnings Per Share of $1.86 ~ New York, NY - February 3, 2023 - Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for

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Source: SEC EDGAR

accession 0001511737-23-000015

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