Latest news with #UbiquitiInc
Yahoo
03-06-2025
- Business
- Yahoo
The Zacks Analyst Blog Highlights Intuit, Amphenol, Broadcom, Twilio and Ubiquiti
Chicago, IL – June 3, 2025 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Intuit Inc. INTU, Amphenol Corp. APH, Broadcom Inc. AVGO, Twilio Inc. TWLO and Ubiquiti Inc. UI. Wall Street's popular adages are not matching this year. April is historically known for being favorable to investors. But this year, April ended on a mixed note after severe volatility. For May, the popular adage is 'Sell and Go Away.' However, last month turned out highly successful for U.S. stock markets. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — were up 3.9%, 6.2% and 9.6%, respectively, in May. The tech-heavy Nasdaq Composite and the broad-market index — the S&P 500 — recorded their best months since November 2023. May's turnaround was primarily attributable to the solid performance of the technology sector. In addition to the Nasdaq Composite, the Technology Select Sector SPDR, one of the 11 broad sectors of the S&P 500 Index, surged more than 10%. At this stage, we recommend five technology bigwigs with a favorable Zacks Rank that have provided double-digit returns in the past month for investment. These stocks are: Intuit Inc., Amphenol Corp., Broadcom Inc., Twilio Inc. and Ubiquiti Inc. Each of our picks currently carries a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Intuit Zacks Rank #1 Intuit has been benefiting from steady revenues from the Online Ecosystem and Desktop business segments. INTU's strong momentum in Online Services revenues is driven by the solid performance of Mailchimp, payroll and Money, which includes payments, capital and bill pay. INTU's Credit Karma business is benefiting from strength in Credit Karma Money, credit cards, auto insurance and personal loans. INTU's strategy of shifting its business to a cloud-based subscription model will help generate stable revenues over the long run. Cloud is a flourishing part of the technology space and has been gaining momentum in recent years. Intuit's generative artificial intelligence (AI)-powered "Intuit Assist," provides financial assistant, enabling personalized insights and recommendations, integrated into products like TurboTax, Credit Karma, QuickBooks, and Mailchimp, aiming to fuel small business and personal financial success. Intuit has an expected revenue and earnings growth rate of 14.8% and 18%, respectively, for the current year (ending July 2025). The Zacks Consensus Estimate for current-year earnings has improved 3.7% in the last 30 days. Amphenol Zacks Rank #1 Amphenol provides connectivity solutions using AI and ML (machine learning) technologies. It provides AI-powered high-density, high-speed connectors and cables, and interconnect systems optimized for signal integrity and thermal performance. Amphenol benefits from a diversified business model. APH's strong portfolio of solutions, including high-technology interconnect products, is a key catalyst. Expansion of spending on both current and next-generation defense technologies bodes well for APH's top-line growth. Apart from Defense, APH's prospects ride on strong demand for its solutions across Commercial Air, Industrial and Mobile devices. The Andrew acquisition is expected to add roughly $0.09 to earnings in 2025. APH's diversified business model lowers the volatility of individual end markets and geographies. Its strong cash-flow-generating ability is noteworthy. Amphenol has an expected revenue and earnings growth rate of 32.3% and 40.7%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.1% in the last 30 days. Broadcom Zacks Rank #2 Broadcom has been benefiting from strong demand for its networking products and custom AI accelerators (XPUs). Strong demand for AVGO's application-specific integrated chips, designed to support AI and machine learning, aids top-line growth. AVGO expects second-quarter fiscal 2025 AI revenues to jump 44% year over year to $4.4 billion. The acquisition of VMware has benefited Infrastructure software solutions. As of the fiscal second quarter, roughly 70% of Broadcom's largest 10,000 customers have adopted VMware Cloud Foundation. AVGO's expanding AI portfolio, along with a rich partner base, reflects solid top-line growth potential. AVGO's XPUs are necessary for training generative AI models, and they require complex integration of compute, memory, and I/O capabilities to achieve the necessary performance at lower power consumption and cost. AVGO's next-generation XPUs are in 3 nanometers and will be the first of their kind to market in that process node. Broadcom remains on track for volume shipment of these XPUs to its hyperscale customers in the second half of fiscal 2025. AVGO sees massive opportunities in the AI space as specific hyperscalers have started to develop their own XPUs. Broadcom believes that by 2027 each of its three hyperscalers will deploy 1 million XPU clusters across a single fabric. The Serviceable Addressable Market for XPUs and networks is expected to be between $60 billion and $90 billion in fiscal 2027 alone. Broadcom has an expected revenue and earnings growth rate of 21.2% and 36.1%, respectively, for the current year (ending October 2025). The Zacks Consensus Estimate for current-year earnings has improved 0.2% in the last seven days. Twilio Zacks Rank #2 Twilio is a leading provider of cloud communications Platform-as-a-Service in the United States and internationally. TWLO is focusing on generative AI offerings to tap the growing opportunities in this space. In this regard, TWLO launched Customer AI technology in June 2023, which powerfully combines customer engagement platform data, generative and predictive AI, and large language models (LLMs) to unlock stronger customer relationships for brands. TWLO is integrating generative AI capabilities across its platform and every customer touch point. The company believes that by training LLMs for customers with their data inside its Segment customer data platform, Twilio will be able to help customers enter the AI race multiple steps ahead of their peers. TWLO has also partnered with Alphabet Inc. (GOOGL) for Google Cloud to integrate generative AI into the Twilio Flex customer engagement platform. Twilio's initiative to integrate generative and predictive AI technology across its platform is likely to boost its revenue growth over the long-run. Twilio enables companies to create personalized, customer-aware experiences powered by OpenAI. Through this integration, Twilio customers will be able to use OpenAI's GPT-4 model to power new generative capabilities in Twilio Engage, its multichannel marketing solution built on the Segment Customer Data Platform. Twilio has an expected revenue and earnings growth rate of 7.8% and 22.6%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 7.1% in the last 30 days. Ubiquiti Zacks Rank #2 Ubiquiti's excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. UI's operating model is backed by a rapidly growing and highly engaged community of service providers, distributors, value-added resellers, systems integrators and corporate IT professionals (referred to as the Ubiquiti Community). Ubiquiti boasts a proprietary network communication platform that is well-equipped to meet end-market customer needs. In addition, UI is committed to reducing its operational costs by using a self-sustaining mechanism for rapid product support and dissemination of information by leveraging the strength of the Ubiquiti Community. Ubiquiti has an expected revenue and earnings growth rate of 1.7% and 10.8%, respectively, for the current year (ending June 2026). The Zacks Consensus Estimate for current-year earnings has improved 0.1% in the last 60 days. Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amphenol Corporation (APH) : Free Stock Analysis Report Intuit Inc. (INTU) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Twilio Inc. (TWLO) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Washington Post
09-05-2025
- Business
- Washington Post
Ubiquiti: Fiscal Q3 Earnings Snapshot
NEW YORK — NEW YORK — Ubiquiti Inc. (UI) on Friday reported profit of $180.4 million in its fiscal third quarter. The New York-based company said it had net income of $2.98 per share. Earnings, adjusted for stock option expense, were $3 per share. The computer networking company posted revenue of $664.2 million in the period.
Business Wire
09-05-2025
- Business
- Business Wire
Ubiquiti Inc. Reports Third Quarter Fiscal 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the third quarter ended March 31, 2025. Third Quarter Fiscal 2025 Financial Summary Revenues of $664.2 million GAAP diluted EPS of $2.98 Non-GAAP diluted EPS of $3.00 Additional Financial Highlight The Company's Board of Directors declared a $0.60 per share cash dividend payable on May 27, 2025 to shareholders of record at the close of business on May 19, 2025. Financial Highlights ($, in millions, except per share data) Income statement highlights F3Q25 F2Q25 F3Q24 Revenues 664.2 599.9 493.0 Enterprise Technology 585.7 518.2 414.3 Service Provider Technology 78.4 81.7 78.7 Gross profit 295.9 247.2 174.1 Gross Profit (%) 44.5% 41.2% 35.3% Total Operating Expenses 69.0 68.4 62.9 Income from Operations 226.9 178.8 111.2 GAAP Net Income 180.4 136.8 76.3 GAAP EPS (diluted) 2.98 2.26 1.26 Non-GAAP Net Income 181.8 138.1 77.6 Non-GAAP EPS (diluted) 3.00 2.28 1.28 Expand Ubiquiti Inc. Revenues by Product Type (In thousands) (Unaudited) Three Months Ended March 31, Nine Months Ended March 31, Enterprise Technology $ 585,723 $ 414,345 $ 1,574,108 $ 1,185,932 Service Provider Technology 78,447 78,652 240,285 235,097 Total revenues $ 664,170 $ 492,997 $ 1,814,393 $ 1,421,029 Expand Income Statement Items Revenues Revenues for the third quarter of fiscal 2025 were $664.2 million, representing an increase from the prior quarter of 10.7% and an increase from the comparable prior year period of 34.7%. The increase in revenues compared to the prior quarter as well as the comparable prior year period was driven by an increase in revenue from our Enterprise Technology platform, partially offset by a decrease in revenue from our Service Provider Technology platform. Gross Margins During the third quarter of fiscal 2025, GAAP gross profit was $295.9 million. GAAP gross margin of 44.5% increased by 3.3% as compared to the prior quarter GAAP gross margin of 41.2% and increased by 9.2% as compared to the comparable prior year period GAAP gross margin of 35.3%. The increase in gross profit margin as compared to the prior quarter was primarily driven by favorable product mix and lower indirect operating expenses. The increase in gross profit margin as compared to the comparable prior year period was primarily driven by lower excess and obsolete inventory charges, favorable product mix, and lower tariffs, offset in part by higher shipping costs. Research and Development During the third quarter of fiscal 2025, research and development ("R&D") expenses were $44.3 million. This reflects an increase as compared to the R&D expenses of $40.0 million in the prior quarter and an increase as compared to the R&D expenses of $42.5 million in the comparable prior year period. The increase in R&D expenses as compared to the prior quarter was primarily driven by higher employee-related expenses, prototype-related expenses, and software expenses. The increase in R&D expenses as compared to the comparable prior year period was primarily driven by higher employee-related expenses and software expenses, offset in part by lower prototype-related expenses. Sales, General and Administrative The Company's sales, general and administrative ("SG&A") expenses for the third quarter of fiscal 2025 were $24.8 million. This reflects a decrease as compared to the SG&A expenses of $28.5 million in the prior quarter and an increase compared to the SG&A expenses of $20.4 million in the comparable prior year period. The decrease in SG&A costs as compared to the prior quarter was primarily due to lower bad debt expenses relating to a customer default, offset in part by higher marketing expenses and an increase in webstore sales and their corresponding credit card processing fees. The increase in SG&A as compared to the comparable prior year period was primarily due to an increase in webstore sales and their corresponding credit card processing fees, marketing expenses, and employee-related expenses. Interest Expense and Other, net During the third quarter of fiscal 2025, interest expense and other, net ("I&O") expenses were $5.4 million. This reflects a decrease as compared to the I&O expenses in the prior quarter of $11.4 million and a decrease as compared to the I&O expenses in the comparable prior year period of $18.9 million, respectively. The decrease in I&O expenses as compared to the prior quarter was primarily due to foreign exchange gains in the third quarter of fiscal 2025 compared to foreign exchange losses in the prior quarter and lower interest expense driven by a decrease in borrowings. The decrease in I&O expenses, as compared to the comparable prior year period, was primarily due to lower interest expense driven by a decrease in borrowings and lower interest rates and foreign exchange gains in the third quarter of fiscal 2025 compared to foreign exchange losses in the comparable prior year period. Net Income and Earnings Per Share During the third quarter of fiscal 2025, GAAP net income was $180.4 million and non-GAAP net income was $181.8 million. This reflects an increase in GAAP net income and non-GAAP net income from the comparable prior year period by 136.5% and 134.5%, respectively, primarily driven by higher revenues and gross profit. Third quarter fiscal 2025 GAAP earnings per diluted share was $2.98 and non-GAAP earnings per diluted share was $3.00. This reflects an increase in GAAP and non-GAAP earnings per diluted share from the comparable prior year period of 136.5% and 134.4%, respectively. About Ubiquiti Inc. Ubiquiti Inc. is focused on democratizing network technology on a global scale — creating networking infrastructure in over 200 countries and territories around the world. Our professional networking products are powered by our UISP and UniFi software platforms to provide high-capacity distributed Internet access and unified information technology management, respectively. Ubiquiti and the U logo are trademarks or registered trademarks of Ubiquiti and/or its affiliates in the United States and other countries. For more information, please visit Safe Harbor for Forward Looking Statements Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements other than statements of historical fact including words such as "look", "will", "anticipate", "believe", "estimate", "expect", "forecast", "consider" and "plan" and statements in the future tense are forward looking statements. The statements in this press release that could be deemed forward-looking statements include the statement regarding our intention to pay quarterly cash dividends, any statements or assumptions underlying the foregoing, and any statement regarding future events and the future financial performance of Ubiquiti Inc. that involves risks or uncertainties. Forward-looking statements are subject to certain risks and uncertainties that could cause our actual future results to differ materially or cause a material adverse impact on our results. Potential risks and uncertainties include, but are not limited to, the impact of U.S. tariffs on our operations and financial results; the impact of public health problems, such as COVID-19 on results; fluctuations in our operating results; varying demand for our products due to the financial and operating condition of our distributors and their customers, and our distributors' inventory management practices; political and economic conditions and volatility affecting the stability of business environments, economic growth, currency values, commodity prices and other factors that may influence the ultimate demand for our products in particular geographies or globally; impact of counterfeiting and our ability to contain such impact; our reliance on a limited number of distributors; inability of our contract manufacturers and suppliers to meet our demand; our dependence on chipset suppliers for chipsets without a short-term alternative; as we move into new markets competition from certain of our current or potential competitors who may be more established in such markets; our ability to keep pace with technological and market developments; success and timing of new product introductions by us and the performance of our products generally; our ability to effectively manage the significant increase in our transactional sales volumes; we may become subject to warranty claims, product liability and product recalls; that a substantial majority of our sales are into countries outside the United States and we are subject to numerous U.S. export control and economic sanctions laws; costs related to responding to government inquiries related to regulatory compliance; our reliance on certain key members of our management team, including our founder and chief executive officer, Robert J. Pera; adverse tax-related matters such as tax audits, changes in our effective tax rate or new tax legislative proposals; whether the final determination of our income tax liability may be materially different from our income tax provisions; the impact of any intellectual property litigation and claims for indemnification; litigation related to U.S. securities laws; and social, economic and political conditions in the United States and abroad, including the impact of the military conflict between Russia and Ukraine and the tension between China and Taiwan. We discuss these risks in greater detail under the heading "Risk Factors" and elsewhere in our Annual Report on Form 10-K for the year ended June 30, 2024, and subsequent filings filed with the U.S. Securities and Exchange Commission (the "SEC"), which are available at the SEC's website at Copies may also be obtained by contacting the Ubiquiti Inc. Investor Relations Department, by email at IR@ or by visiting the Investor Relations section of the Ubiquiti Inc. website, Given these uncertainties, you should not place undue reliance on these forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date made. Except as required by law, Ubiquiti Inc. undertakes no obligation to update information contained herein. You should review our SEC filings carefully and with the understanding that our actual future results may be materially different from what we expect. Use of Non-GAAP Financial Information To supplement our condensed consolidated financial results prepared under generally accepted accounting principles, or GAAP, we use non-GAAP measures of net income and earnings per diluted share that are adjusted to exclude certain costs, expenses and gains such as share-based compensation expense and the tax effects of these non-GAAP adjustments. Reconciliations of the adjustments to GAAP results for the periods presented are provided above. In addition, an explanation of the ways in which management uses non-GAAP financial information to evaluate its business, the substance behind management's decision to use this non-GAAP financial information, material limitations associated with the use of non-GAAP financial information, the manner in which management compensates for those limitations, and the substantive reasons management believes that this non-GAAP financial information provides useful information to investors is included under the paragraphs below. Usefulness of Non-GAAP Financial Information to Investors We believe that the presentation of non-GAAP net income and non-GAAP earnings per diluted share provides important supplemental information regarding non-cash expenses, significant items that we believe are important to understanding our financial, and business trends relating to our financial condition and results of operations. Non-GAAP net income and non-GAAP earnings per diluted share are among the primary indicators used by management as a basis for planning and forecasting future periods and by management and our board of directors to determine whether our operating performance has met specified targets and thresholds. Management uses non-GAAP net income and non-GAAP earnings per diluted share when evaluating operating performance because it believes that the exclusion of the items described below, for which the amounts or timing may vary significantly depending upon the Company's activities and other factors, facilitates comparability of the Company's operating performance from period to period. We have chosen to provide this information to investors so they can analyze our operating results in the same way that management does and use this information in their assessment of our business and the valuation of our Company. About our Non-GAAP Net Income and Non-GAAP Earnings per Diluted Share We compute non-GAAP net income and non-GAAP earnings per diluted share by adjusting GAAP net income and GAAP earnings per diluted share to remove the impact of certain adjustments and the tax effect of those adjustments. Items excluded from net income are: • Share-based compensation expense • Tax effect of non-GAAP adjustments, applying the principles of ASC 740 These non-GAAP measures are not in accordance with, or an alternative to, GAAP and may be materially different from other non-GAAP measures, including similarly titled non-GAAP measures used by other companies. The presentation of this additional information should not be considered in isolation from, as a substitute for, or superior to, net income or earnings per diluted share prepared in accordance with GAAP. Non-GAAP financial measures have limitations in that they do not reflect certain items that may have a material impact upon our reported financial results. For more information on the non-GAAP adjustments, please see the table captioned "Reconciliation of GAAP Net Income to non-GAAP Net Income" included in this press release.
Yahoo
06-04-2025
- Business
- Yahoo
Ubiquiti (UI) Gets the Cold Shoulder from Jim Cramer: ‘We're Not Paying Up'
We recently published a list of . In this article, we are going to take a look at where Ubiquiti Inc. (NYSE:UI) stands against other stocks that are on Jim Cramer's radar. On Thursday, Jim Cramer, the host of Mad Money, addressed the growing concerns surrounding the current tariff policies. He questioned the effectiveness of these tariffs as he asked: 'What's the deal with these heavy-handed tariffs? Look, I've never been a dogmatic free trader. I believe in fair trade, a pretty fierce belief just so you know and we can only get that by lowering the boom on our trading partners who rip us off as a matter of policy.' READ ALSO Jim Cramer's Take on These 10 Stocks and Jim Cramer's Lightning Round: 8 Stocks in Focus Cramer explained that while he has always supported the idea of tariffs in principle, especially when they are part of a well-thought-out strategy, he expressed frustration over how the new trade regime is being executed. He said he was taken aback by how poorly the administration was rolling out these changes, which he felt lacked a clear and coherent plan. Cramer then pointed out what James Surowiecki, the author of The Wisdom of Crowds, said about how the White House is calculating tariffs. 'The White House simply took our trade deficit with each country and then divided it by that country's exports to America. Then they cut that number in half to determine the tariff rate we'd be slapping on the country in question.' Cramer noted that just hours later, an unnamed official from the White House confirmed this and described it as 'the sum of all unfair trade practices, the sum of all cheating.' Cramer called it ill-advised. Later in the day, President Trump made a statement suggesting that he might be open to reducing tariffs if presented with 'phenomenal' offers. However, Cramer raised an important question: 'Who determines what those offers are, and what do they even mean?' He admitted that he had no clear answer to that question. 'Here's the bottom line: I wish I could get behind this new tariff regime because I've never been a free trader ever. But the White House doesn't seem to understand what it's trying to do and the not-really-reciprocal tariffs we got yesterday could do tremendous damage to the US economy, of course including the stock market, without changing the bad behavior of our trading partners. To me, this has become a lose-lose, which is very tough to accept because I wanted tariffs to change things, not to wreck things.' For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 3. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An overhead view of a modern networking technology suite in a data center. Number of Hedge Fund Holders: 23 Noting its strong margins, a caller asked for Cramer's current thoughts on Ubiquiti Inc. (NYSE:UI). Cramer replied: 'They do, but it's [an] expensive stock and what we're going to do is we're not going to pay up for those stocks going forward. That's the problem.' Ubiquiti Inc. (NYSE:UI) creates networking technologies for service providers, businesses, and consumers. The company offers products like wireless infrastructure, video surveillance systems, and routing solutions. It also provides platforms for high-speed internet, security, and communication. Overall, UI ranks 9th on our list of stocks that are on Jim Cramer's radar. While we acknowledge the potential of UI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than UI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
