Ubiquiti Beats On Wi-Fi Sales In Emerging Markets
Ubiquiti Networks (UBNT) reported fiscal Q2 results that topped estimates and forecast current-quarter profit and sales above views, sending its shares up. San Jose, Calif.-based Ubiquiti Networks, which sells wireless networking gear to rural, wireless Internet service providers (WISP) and large companies, saw its shares jump 8% in early trading in the stock market today. Ubiquiti Networks earned 48 cents a share in fiscal Q2, up 140% from a year