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NEW YORK - On Friday, Ubiquiti Inc. (NYSE:UI) reported fourth-quarter results that significantly exceeded analyst expectations, driven by robust demand for its enterprise technology products.
Ubiquiti shares soared 7.25% in pre-market trading following the release.
The company posted adjusted earnings per share of $3.54 for the quarter ended June 30, crushing the analyst consensus of $1.96 by 81%. Revenue reached a record $759.2 million, beating estimates of $618.8 million by 23% and representing a 49.6% increase from the same period last year.
Enterprise Technology revenue, which makes up nearly 90% of total sales, jumped to $680.1 million from $431.7 million a year earlier. The company also reported improved gross margins of 45.1%, up from 40.2% in the year-ago quarter.
The company’s board declared a quarterly cash dividend of $0.80 per share, payable on September 8 to shareholders of record as of September 2. Additionally, Ubiquiti announced a new $500 million stock repurchase program.
For the full fiscal year 2025, Ubiquiti reported revenue of $2.6 billion, a 33.4% increase compared to fiscal 2024, with adjusted EPS of $10.96.
The company’s performance was particularly strong in North America, where quarterly revenue reached $379.9 million, up from $253.3 million in the same quarter last year. Europe, the Middle East and Africa generated $303.8 million in revenue, compared to $194.1 million a year earlier.
Ubiquiti’s focus on democratizing network technology globally appears to be paying dividends as demand for its professional networking products continues to grow across all major regions.
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