{"schema_version":"secwatch.filing_event.v1","accession":"0001511737-24-000028","form_type":"8-K","ticker":"UI","cik":"0001511737","company_name":"Ubiquiti Inc.","filed_at":"2024-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.750777+00:00","generated_at":"2026-06-02T03:37:38.798858+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 Q3 FY2024 revenue $493M (+7.7% YoY); GAAP EPS $1.26 (-22.7% YoY); gross margin falls to 35.3%","bullets":["Revenue $493.0M, up 6.0% QoQ and 7.7% YoY; Enterprise Technology segment up 10.9% to $414.3M.","GAAP diluted EPS $1.26 (down 22.7% YoY); Non-GAAP diluted EPS $1.28 (down 22.4% YoY). Net income $76.3M.","Gross margin 35.3% vs 41.2% YoY due to excess inventory charges, unfavorable product mix, and higher warehouse costs.","Declared $0.60/share cash dividend payable May 28, 2024 to holders of record May 20, 2024.","Service Provider Technology revenue declined 6.5% YoY to $78.7M; total operating expenses rose to $62.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001511737-24-000028","json":"https://secwatch.observer/filing/0001511737-24-000028.json","markdown":"https://secwatch.observer/filing/0001511737-24-000028.md","text":"https://secwatch.observer/filing/0001511737-24-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1511737/000151173724000028/0001511737-24-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1511737/000151173724000028/ui-20240510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:37:38.798858+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":"8b75e114f63f56bdcd8187a8ebae0b3d58340cc3","claim":"Ubiquiti Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $493.0 million, net income $76.3 million, EPS $1.26.","evidence_excerpt":"UBIQUITI INC. REPORTS THIRD QUARTER FISCAL 2024 FINANCIAL RESULTS ~ Revenues of $493.0 million ~ ~ GAAP Diluted Earnings Per Share of $1.26 ~","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1511737/000151173724000028/0001511737-24-000028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$493.0 million"},{"label":"Net income","value":"$76.3 million"},{"label":"EPS","value":"$1.26"},{"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"}