Last $40.35 USD
Change Today -0.35 / -0.86%
Volume 986.9K
As of 3:16 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

ubiquiti networks inc (UBNT) Snapshot

Open
$41.26
Previous Close
$40.70
Day High
$41.59
Day Low
$38.54
52 Week High
03/21/14 - $56.85
52 Week Low
04/25/13 - $14.57
Market Cap
3.5B
Average Volume 10 Days
1.6M
EPS TTM
$1.47
Shares Outstanding
87.8M
EX-Date
12/20/12
P/E TM
27.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for UBIQUITI NETWORKS INC (UBNT)

ubiquiti networks inc (UBNT) Related Bloomberg News

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ubiquiti networks inc (UBNT) Details

Ubiquiti Networks, Inc., together with its subsidiaries, offers a portfolio of networking products and solutions for service providers and enterprises. Its service provider product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, and machine-to-machine communication components. The company offers high performance radios, antennas, software, communications protocols, and management tools that are designed to deliver carrier and enterprise class wireless broadband access and other services primarily in the unlicensed RF spectrum. The company offers various technology platforms, including airMAX, which includes protocols that contain technologies for minimizing signal noise; EdgeMAX, a disruptive price-performance software and systems routing platform; and airFiber, a 24 GHz point-to-point radio system. It also provides UniFi, an enterprise Wi-Fi System that includes Wi-Fi certified hardware with software based management controller; AirCam H.264 megapixel IP cameras; airVision, a management controller software that are used to manage multiple airCam H.264 IP cameras as well as manage digital video recorder devices; and mFi, which comprises hardware sensors, power devices, and management software that allows devices to be monitored and controlled remotely via WiFi. In addition, the company provides antenna products, as well as miscellaneous products, such as mounting brackets, cables, and power over Ethernet adapters. Ubiquiti Networks sells its products and solutions through a network of distributors, resellers, and original equipment manufacturers. The company was formerly known as Pera Networks, Inc. and changed its name to Ubiquiti Networks, Inc. in 2005. Ubiquiti Networks, Inc. was incorporated in 2003 and is headquartered in San Jose, California.

183 Employees
Last Reported Date: 09/13/13
Founded in 2003

ubiquiti networks inc (UBNT) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: --
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $135.6K
Chief Technology Officer
Total Annual Compensation: $400.0K
Vice President of Business Development
Total Annual Compensation: $245.3K
Compensation as of Fiscal Year 2013.

ubiquiti networks inc (UBNT) Key Developments

4Gon Solutions Announces Distribution Agreement with Ubiquiti Networks, Inc

4Gon Solutions announced an official distribution agreement with Ubiquiti Networks, Inc. The partnership will see 4Gon focus primarily on under-served and emerging markets, driving new business with its unbeatable pricing, deep understanding of re-seller and end-user business needs, and extensive, in-depth knowledge of applications and manufacturers across the industry. 4Gon will sell the full range of Ubiquiti's cutting-edge and robust product portfolio, including airMax, UniFi, airFiber, EdgeMax and airVision, all of which will be available in-stock for next day delivery. 4Gon distributes Ubiquiti products because they are innovative, high quality and affordable. Additionally, demand for wireless solutions, from point-to-point connections and access points to security cameras and machine-to-machine management systems, are at an all-time high.

Ubiquiti Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2013; Provides Earnings Outlook for the Third Quarter Ending March 31, 2014

Ubiquiti Networks, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported net income was $41,792,000 or $0.47 per diluted share on revenues of $138,439,000 against net income of $17,803,000 or $0.20 per diluted share on revenues of $74,901,000 a year ago. Income from operations was $47,120,000 compared to $20,119,000 a year ago. Income before provision for income taxes was $46,871,000 compared to $19,922,000 a year ago. Non-GAAP net income was $42,645,000 or $0.48 per diluted share compared to non-GAAP net income of $18,339,000 or $0.20 per diluted share a year ago. For the six months, the company reported net income was $82,320,000 or $0.92 per diluted share on revenues of $268,126,000 against net income of $30,982,000 or $0.34 per diluted share on revenues of $136,436,000 a year ago. Income from operations was $93,016,000 compared to $35,894,000 a year ago. Income before provision for income taxes was $92,521,000 compared to $35,611,000 a year ago. Non-GAAP net income was $83,873,000 or $0.94 per diluted share compared to non-GAAP net income of $31,911,000 or $0.35 per diluted share a year ago. Net cash provided by operating activities was $27.6 million. Based on current business trends, Ubiquiti currently believes the demand environment in its end markets supports the forecast for the Company's third fiscal quarter ending March 31, 2014. Revenues of between $138 million and $144 million, GAAP Diluted EPS of between $0.46 and $0.50 and Non-GAAP Diluted EPS of between $0.47 and $0.51.

Ubiquiti Networks, Inc. Presents at JMP Securities Technology Conference, Mar-03-2014 10:00 AM

Ubiquiti Networks, Inc. Presents at JMP Securities Technology Conference, Mar-03-2014 10:00 AM. Venue: The Ritz-Carlton, 600 Stockton Street, San Francisco, CA 94108, United States.

 

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UBNT

Industry Average

Valuation UBNT Industry Range
Price/Earnings 27.6x
Price/Sales 7.9x
Price/Book 15.2x
Price/Cash Flow 27.1x
TEV/Sales 7.1x
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