
Ubiquiti posts record quarter, stock jumps
The move
Ubiquiti reported fiscal first-quarter 2027 results after the close on Nov. 6: revenue of $1.03 billion, up 39.9% from a year earlier and a company record for a fiscal first quarter, with non-GAAP diluted EPS of $5.32, up from $3.46. Enterprise Technology revenue rose to $941.3 million from $657.1 million, and gross margin improved to 47.3% from 46.0%. The board declared a $1.00-per-share dividend payable Nov. 23. Shares jumped about 15% in the next session, according to TIKR.
Why it matters
The jump rewards Ubiquiti, founded and still run by Robert Pera, for showing demand for its networking gear held up even as component costs rose.
The bear case
Ubiquiti itself flagged that component costs have increased since the fourth quarter of fiscal 2026 and may keep rising, with availability potentially staying constrained.
What to watch
Whether the cost pressure Ubiquiti flagged shows up in its gross margin next quarter.
