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Dec 31, 2023
Ubiquiti Q2 2024 Earnings Report
Ubiquiti's financial performance saw a slight revenue increase from the previous quarter, driven by Enterprise Technology, but a decrease compared to the prior year due to declines in both Enterprise and Service Provider Technology platforms.
Key Takeaways
Ubiquiti reported revenues of $465.0 million, a slight increase from the previous quarter but a decrease of 5.8% compared to the same period last year. GAAP diluted EPS was $1.36, and non-GAAP diluted EPS was $1.38. The company's Board of Directors declared a $0.60 per share cash dividend.
Revenues reached $465.0 million.
GAAP diluted EPS was reported at $1.36.
Non-GAAP diluted EPS was $1.38.
A cash dividend of $0.60 per share was declared.
Ubiquiti
Ubiquiti
Ubiquiti Revenue by Segment
Ubiquiti Revenue by Geographic Location
Forward Guidance
The press release does not contain specific forward guidance. It includes a safe harbor statement for forward-looking statements, cautioning against undue reliance on such statements due to various risks and uncertainties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income