Ubiquiti Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 493 million compared to USD 457.77 million a year ago. Net income was USD 76.29 million compared to USD 98.58 million a year ago. Basic earnings per share from continuing operations was USD 1.26 compared to USD 1.63 a year ago. Diluted earnings per share from continuing operations was USD 1.26 compared to USD 1.63 a year ago.
For the nine months, sales was USD 1,421.03 million compared to USD 1,449.43 million a year ago. Net income was USD 246.16 million compared to USD 303.96 million a year ago. Basic earnings per share from continuing operations was USD 4.07 compared to USD 5.03 a year ago. Diluted earnings per share from continuing operations was USD 4.07 compared to USD 5.03 a year ago.