Ubiquiti reports record Q4 revenue of $507.5M, GAAP EPS $1.72; declares $0.60 dividend

Ubiquiti Inc.

2024-FY EPS reported $5.79 revenue$1,928,490,000

Q4 revenue $507.5M (record), up 3.3% YoY; full year $1.9B, down 0.6%.
GAAP diluted EPS $1.72, non-GAAP $1.74; net income $103.8M.
Board declares $0.60/share cash dividend payable Sept 9, 2024, record Sept 3.
Enterprise Technology revenue $431.7M (+6.8% YoY); Service Provider Tech $75.7M (-12.9% YoY).
Gross margin 40.2% (Q3: 35.3%, Q4 2023: 41.4%); operating expenses up Y/Y.

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