Ubiquiti Reports Q4 Fiscal 2020 Financial Results

Ubiquiti Inc. (NYSE: UI) has announced financial results for the fourth quarter and full year fiscal 2020, ended June 30, 2020, the company said.

For the quarter:
-Revenues of USD 315.5 million, increasing 10.1% year-over-year
-GAAP diluted EPS of USD 1.45, increasing 43.6% year-over-year
-Non-GAAP diluted EPS of USD 1.46, increasing 22.7% year-over-year
-Repurchased 99,165 shares of common stock at an average price of USD 138.25 per share

Full Fiscal 2020 Financial Summary:
-Revenues of USD 1.3 billion, increasing 10.6% year-over-year
-GAAP diluted EPS of USD 5.80 increasing 28.6% year-over-year
-Non-GAAP diluted EPS of USD 5.91, increasing 23.9% year-over-year
-Repurchased 5,842,800 shares of common stock at an average of USD 119.45 per share

Ubiquiti is focused on democratizing network technology on a global scale. For more information, visit www.ui.com