NYSE:UICommunications
Ubiquiti (UI) Reports US$664M Sales In Third Quarter
Ubiquiti (UI) recently experienced a notable shift when it was removed from several prominent Russell indices on June 28 and 30, 2025, marking a significant event in its trading narrative. Alongside these index removals, the company reported impressive third-quarter earnings, with sales rising to $664 million and net income reaching $180 million. This performance, coupled with strategic financial results, likely played a pivotal role in driving Ubiquiti's price movement, which soared by 50%...