On September 10, Ubiquiti Inc. fell 9.84% in regular trading, trading at $523.42 per share, with turnover of approximately $78.63 million.
The decline comes as the market digests the company's fiscal Q4 earnings report and forward-looking margin warnings. While Ubiquiti delivered record quarterly revenue of $937.3 million, up 23.5% year-over-year, and non-GAAP EPS of $4.73 that beat the consensus estimate of $4.03 by 17.4%, the company cautioned that persistently rising component costs could erode future profitability. The warning overshadowed otherwise strong results, including a 25% dividend increase to $1.00 per share and the extension of a $500 million share repurchase program through September 2027.
Market sentiment remains fragile after last quarter's double miss, when fiscal Q3 EPS of $3.88 fell short of the $4.29 estimate by 9.56% and revenue of $788.2 million missed the $814.3 million forecast by 3.21%. Full-year fiscal results showed GAAP net income rising to $960.3 million from $712 million, with diluted EPS reaching $15.85 versus $11.76 a year earlier, yet the cost headwind warning has weighed heavily on investor confidence.
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