Ubiquiti Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 457.77 million compared to USD 358.07 million a year ago. Net income was USD 98.58 million compared to USD 50.35 million a year ago. Basic earnings per share from continuing operations was USD 1.63 compared to USD 0.82 a year ago. Diluted earnings per share from continuing operations was USD 1.63 compared to USD 0.82 a year ago.
For the nine months, sales was USD 1,449.43 million compared to USD 1,248.55 million a year ago. Net income was USD 303.96 million compared to USD 286.15 million a year ago. Basic earnings per share from continuing operations was USD 5.03 compared to USD 4.61 a year ago. Diluted earnings per share from continuing operations was USD 5.03 compared to USD 4.61 a year ago.