07:54 AM EST, 11/08/2024 (MT Newswires) -- Ubiquiti ( UI ) reported fiscal Q1 non-GAAP earnings Friday of $2.14 per diluted share, up from $1.47 a year earlier.

An analyst polled by Capital IQ expected $1.63.

Revenue for the quarter ended Sept. 30 was $550.3 million, compared with $463.1 million a year earlier.

An analyst surveyed by Capital IQ expected $553 million.