BUZZ-Ubiquiti rises on higher Q2 results

Reuters

02/06

BUZZ-Ubiquiti rises on higher <a href="https://laohu8.com/S/QTWO">Q2</a> results

** Shares of network infrastructure firm Ubiquiti UI.N rise 7.6% to $620 premarket

** Company posts Q2 adj. EPS of $3.88, up 70.2% over the year earlier

** Quarterly revenue up 35.8% at $814.9 mln

** Results fueled by strong demand for enterprise networking equipment, says company

** UI also announces an 80-cent-per-share cash dividend

** Shares up more than 66% in 2025

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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