{"schema_version":"secwatch.filing_event.v1","accession":"0001511737-23-000084","form_type":"8-K","ticker":"UI","cik":"0001511737","company_name":"Ubiquiti Inc.","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.315178+00:00","generated_at":"2026-06-08T22:18:11.326220+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ubiquiti Q1 FY2024 revenue $463M (-7% YoY); GAAP EPS $1.45, non-GAAP $1.47","bullets":["Revenue of $463.1M, down 7.0% YoY from $498.1M and down 5.7% from prior quarter.","GAAP net income $87.8M ($1.45 diluted EPS); non-GAAP net income $88.9M ($1.47 diluted EPS).","Gross margin 39.7% vs 34.4% YoY (up 5.3pp) but down from 41.4% QoQ due to higher shipping costs.","Enterprise Technology revenue $380.1M (-10.8% YoY); Service Provider Technology $83.0M (+15.6% YoY).","Board declares $0.60/share quarterly dividend, payable Nov 20, 2023 to holders of record Nov 13."],"urls":{"canonical":"https://secwatch.observer/filing/0001511737-23-000084","json":"https://secwatch.observer/filing/0001511737-23-000084.json","markdown":"https://secwatch.observer/filing/0001511737-23-000084.md","text":"https://secwatch.observer/filing/0001511737-23-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1511737/000151173723000084/0001511737-23-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1511737/000151173723000084/ui-20231103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:18:11.326220+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c32bdecf172962bae1c26375116290d9baa04d8","claim":"Ubiquiti Inc. reported the first quarter ended September 30, 2023 results: revenue $463.1 million, net income GAAP net income was $87.8 million, EPS GAAP diluted EPS of $1.45.","evidence_excerpt":"UBIQUITI INC. REPORTS FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS ~ Revenues of $463.1 million ~ ~ GAAP Diluted Earnings Per Share of $1.45 ~","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1511737/000151173723000084/0001511737-23-000084-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended September 30, 2023"},{"label":"Revenue","value":"$463.1 million"},{"label":"Net income","value":"GAAP net income was $87.8 million"},{"label":"EPS","value":"GAAP diluted EPS of $1.45"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}