secwatch.observer — SEC 8-K summary
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Issuer:     Ubiquiti Inc. (UI)
CIK:        0001511737
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001511737-23-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511737/000151173723000015/0001511737-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511737/000151173723000015/ui-20230203.htm
  HTML page:      https://secwatch.observer/filing/0001511737-23-000015

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