NEW YORK (AP) — NEW YORK (AP) — Ubiquiti Inc. (UI) on Friday reported net income of $103.8 million in its fiscal fourth quarter.
The New York-based company said it had profit of $1.72 per share. Earnings, adjusted for stock option expense, were $1.74 per share.
The computer networking company posted revenue of $507.5 million in the period.
For the year, the company reported profit of $350 million, or $5.79 per share. Revenue was reported as $1.93 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UI at https://www.zacks.com/ap/UI
