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Jun 30, 2022

Ubiquiti Q4 2022 Earnings Report

Reported a decrease in revenue compared to the previous year, but an increase compared to the previous quarter. GAAP and non-GAAP EPS were $1.53 and $1.54, respectively.

Key Takeaways

Ubiquiti Inc. announced its Q4 Fiscal Year 2022 financial results, with revenues of $443.1 million, a decrease of 7.3% compared to the same quarter last year. GAAP diluted EPS was $1.53, and non-GAAP diluted EPS was $1.54.

Revenues reached $443.1 million.

GAAP diluted EPS was reported at $1.53.

Non-GAAP diluted EPS was reported at $1.54.

363,614 shares of common stock were repurchased at an average price of $289.11 per share.

Total Revenue
$443M
Previous year: $478M
-7.3%
EPS
$1.54
Previous year: $2.47
-37.7%
Gross Profit (%)
38.3%
Previous year: 48.3%
-20.7%
Research and Development
$37.4M
Previous year: $31M
+20.6%
SG&A Expense
$19.6M
Previous year: $17M
+15.3%
Gross Profit
$170M
Previous year: $231M
-26.5%
Cash and Equivalents
$136M
Previous year: $249M
-45.4%
Free Cash Flow
$67.6M
Previous year: $162M
-58.3%
Total Assets
$845M
Previous year: $891M
-5.2%

Ubiquiti

Ubiquiti

Ubiquiti Revenue by Segment

Ubiquiti Revenue by Geographic Location

Forward Guidance

The Company intends to pay regular quarterly cash dividends of at least $0.60 per share during each quarter of fiscal year 2023.

Revenue & Expenses

Visualization of income flow from segment revenue to net income