{"schema_version":"secwatch.filing_event.v1","accession":"0001511737-24-000012","form_type":"8-K","ticker":"UI","cik":"0001511737","company_name":"Ubiquiti Inc.","filed_at":"2024-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.430727+00:00","generated_at":"2026-06-06T04:48:37.081838+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 Q2 FY2024 revenue $465M, down 6% YoY; GAAP EPS $1.36 vs $1.86","bullets":["Revenue $465.0M, down 5.8% YoY; Enterprise Tech $391.5M, Service Provider $73.5M.","GAAP diluted EPS $1.36, non-GAAP $1.38; both down ~27% YoY.","GAAP gross margin 38.2%, down 1.8ppts YoY on product mix and higher costs.","Board declares $0.60 per share cash dividend, payable Feb 26, record Feb 20.","Net income $82.1M vs $112.2M YoY; operating expenses up to $56.5M from $52.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001511737-24-000012","json":"https://secwatch.observer/filing/0001511737-24-000012.json","markdown":"https://secwatch.observer/filing/0001511737-24-000012.md","text":"https://secwatch.observer/filing/0001511737-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1511737/000151173724000012/0001511737-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1511737/000151173724000012/ui-20240209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:48:37.081838+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":"bc231c878df85a02191b968dff2c14af91125a12","claim":"Ubiquiti Inc. reported second quarter ended December 31, 2023 results: revenue $465.0 million, net income $82.1 million, EPS $1.36.","evidence_excerpt":"UBIQUITI INC. REPORTS SECOND QUARTER FISCAL 2024 FINANCIAL RESULTS ~ Revenues of $465.0 million ~ ~ GAAP Diluted Earnings Per Share of $1.36 ~ New York, NY - February 9, 2024 - Ubiquiti Inc. (NYSE: UI) (\"Ubiquiti\" or the \"Company\") today announced its financial results for the second quarter ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1511737/000151173724000012/0001511737-24-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended December 31, 2023"},{"label":"Revenue","value":"$465.0 million"},{"label":"Net income","value":"$82.1 million"},{"label":"EPS","value":"$1.36"},{"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"}