NYSE:UICommunications
Ubiquiti (UI): Evaluating Valuation After Stellar Q4, Dividend Boost, and $500M Buyback Announcement
Ubiquiti (UI) just dropped a triple-header that is definitely turning heads: smashing earnings estimates for fiscal Q4, hiking its dividend to $0.80 per share, and unveiling a $500 million share buyback program. This combination of upbeat results and shareholder rewards is exactly the kind of activity that gets both long-time holders and new investors talking. With enterprise sales fueling fresh records on both the top and bottom line, management’s latest moves seem aimed at convincing the...