- Ubiquiti (NYSE:UI) +9.3% reports Q1 beats with 14% Y/Y revenue growth and announces adding $200M under a new share repurchase program, which expires at the end of 2021.
- Service Provider Technology revenue totaled $115.9M compared to the $105M in last year's quarter. Enterprise Technology revenue was $207.4M versus $177.9M.
- Gross profit rose from 46.5% to 46.8%.
- Press release.