Ubiquiti soars on strong earnings and revenue beat

Investing.com · 2026-11-06 12:40 UTC

Ubiquiti soars on strong earnings and revenue beat

Investing.com - Ubiquiti Inc. (NYSE:UI) reported first quarter fiscal 2027 results that significantly exceeded analyst expectations, with both adjusted earnings per share and revenue surpassing consensus estimates as the networking equipment maker posted record quarterly revenue.

The company reported adjusted EPS of $5.32, beating the analyst consensus of $3.93 by $1.39. Revenue reached $1.03 billion, exceeding the estimate of $918.85 million and representing a 39.9% increase from $733.8 million in the same quarter last year.

The strong performance was driven by growth in both the company’s Enterprise Technology and Service Provider Technology platforms. Shares rose 7.8% following the announcement.

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