Ubiquiti Networks reports Q2 2019 results.
TELECOMWORLDWIRE-February 19, 2019-Ubiquiti Networks reports Q2 2019 results
(C)1994-2019 M2 COMMUNICATIONS http://www.m2.com
Ubiquiti Networks, Inc. (NASDAQ: UBNT) has announced results for the second quarter fiscal 2019, ended December 31, 2018, the company said.
Second quarter fiscal 2019 financial highlights include:
Revenues of USD 307.3 million, increasing 22.5% year-over-year
GAAP diluted EPS of USD 1.09;
Non-GAAP diluted EPS of USD 1.33, increasing 75.0% year-over-year
Additional Highlights;
The company repurchased and retired 356,576 shares of common stock for USD 34.7 million at an average price of USD 97.31 per share between November 8, 2018 and February 7, 2019.
Ubiquiti...
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