Curioustock
Posted - 1 day ago
$UI there might not be a Pera buyback, but the $700,000,00.00 short seller buyback is still in place. That more than Pera bought in 2022.
Curioustock
Posted - 1 day ago
$UI I posted a thread on Reddit on Ubiquiti and their recent quarter and why I think it is going back to highs.
The amount of hate, negativity, and calls to block/ban and accusations of pump and dump made me delete the post.
It was the official UI Reddit, no rules against posting about the stock. It made me realize how many haters this company still has and how many people vested in Enterprise are rooting for Ubiquiti to mess this up. It’s sad, mostly older IT veterans, some retired. I was surprised by the volume of negative posts vs positive. Boy I hope Pera crushes the doubters.
UncleStock
Posted - 2 days ago
$UI $CIEN $CLFD $CSCO suggested for Telecommunications Equipment - value screen: https://zpr.io/WLfZRfEVYjSR
UncleStock
Posted - 2 days ago
$SURG $UI $LBRDK $CIEN suggested for Telecommunications - value screen: https://zpr.io/nFWFt
Curioustock
Posted - 2 days ago
$UI https://www.youtube.com/watch?v=vgrnkUHab6c UWC enterprise strategy released Enterprise Fortress is a beast. Pera changed his mind, partnership channel program was announced for later this year so they will not be going only direct to consumer
Curioustock
Posted - 3 days ago
$UI covered my $CSCO short, I shorted 53 after hours, earnings, while not great, moved in a better direction than I expect. No I’m back to $EXTR on this bounce These are tiny positions as a hedge to $UI
Curioustock
Posted - 3 days ago
@battleready will probably add to my short at 55, with a stop at 56, I think they are too enthusiastic for FY and GAAP EPS is barely revised higher, lot of engineering in the result. Just a 2B revenue estimate raise for the full year, definitely not worth 6% pop, that being said, its better than expected and better than Juniper. Curious about Meraki APs as that will be good for $UI, in general it will be good. Win some lose some! I did well in $EXTR and $CMBM so I cant complain, though it would have been nice if this was down.
Curioustock
Posted - 3 days ago
$UI shorting $CSCO on this bounce, $COMM $EXTR $JNPR missed huge on enterprise numbers, Ruckus was "Unusually weak" which surprised Commscope management given WiFi 7 was supposed to give them a lift. Juniper reported a 37% deceleration in Campus and Branch revenues. Switching is completely dead
TickerDD_com
Posted - 4 days ago
From 5/3/2024, looking back across 22 Month-Ends for UI, Percentage Change of Average Monthly Price had More Negatives (64%) while Percentage Change of Average Monthly Volume had More Positives (91%) $UI #UI #UIStock #TickerDD https://www.youtube.com/watch?v=AfgyPcobk0o
Curioustock
Posted - 5 days ago
$UI Robert Pera
Curioustock
Posted - 5 days ago
$UI the cash flow statement gives us an estimate that charge was around $18.5 million. So GM would have been 39.2% and EPS closer to 1.60 I think. I think we get back to $2 in EPS next quarter, which gets us back to the $8 annual EPS baseline rate we were supposed to have in 2023 before the supply shock/glut. I think we're back on trend, 20-25% CAGR, with 2025 looking like $10 EPS When do we get a multiple re-rating? I dont know if we get the 40xPE we used to command, because that was largely driven by the repurchases. But 20-30PE, meants we could move between 120-160 by for 2014 and 160-200 in 2025... If the new SKUs and protect do as well as I believe, I think we can hit 300 by the end of 2025 and breakout if UWC manages to execute with Roberts new focus. Given the new SKUs come out in Q4, we won't know until Q2-Q3 2025 if the Enterprise play is gaining traction. There are some tax obligations due in Q1 & Q2 2025/2026 for 25M (ish) per year. So yeah, could be some bumps on the road.
LookaLike
Posted - 5 days ago
$PRSO buyout by $UI inevitable
smartkarma
Posted - 5 days ago
$UI | UI: Signs of a Rebound
"UI reported fiscal Q3 (March) revenue in line with our forecasts highlighting its second consecutive quarter of sequential improvement even though peers have been finding it a tough environment" - Hamed Khorsand (BWS Financial Inc)
Key Points:
* UI reported fiscal third quarter (March) results in line with our revenue forecasts suggesting the business could be on the rebound after two years in a challenging environment
* The performance in the June quarter comes even though peers have been reporting a tough selling environment with extended sales process as customers took time to make their decision
* The increase in product availability did backfire in the quarter with Ubiquiti taking a charge for obsolete inventory. Nevertheless, Ubiquiti’s results show a business that is improving
Read more: https://www.smartkarma.com/insights/ui-signs-of-a-rebound
Mom1
Posted - 6 days ago
$UI This is Pera’s “Redemption Tour” 😎
Fullratio
Posted - 6 days ago
$UI quick ratio has increased by 37% YoY and by 23% from the previous quarter: https://fullratio.com/stocks/nyse-ui/ubiquiti
JMONE1
Posted - 1 week ago
$UI I finally have gotten to the point where I like my average, and my position, enough to just let it be on auto pilot. It's nice to wake up to giant green spikes. Reminds me of the good Ole days. Now all we need is some Caffy love and we can get right back to 300
Cheers friends.
TriPragmatist
Posted - 1 week ago
$UI As an example of the terrible sector that UI was in the past quarter, $CMBM had a gross margin of -19.4%. Yes, that's a minus sign! They effectively had a "going out of business sale" selling product at less than cost to clear out their inventory. Ubiquiti had to compete in this awful environment and still made headway. BTW, Cambium said that their inventory should be at pre-pandemic levels by the end of June. They are clearly not focused on growing revenue but trying to get their GM back up while completing their inventory reduction effort.
Mom1
Posted - 1 week ago
$UI as of 4/15, there were 544k shares (over 13% of float) still short.
That is a lot of covering that will need to happen.
Costales
Posted - 1 week ago
$UI @Curioustock
battleready
Posted - 1 week ago
$ui now at a 3 month High. Just wait until it clears the 140 December High. I'm heading out to get one of these today.
Mom1
Posted - 1 week ago
$UI By the way, while I am here, I want to personally thank ( and on behalf of the long term investors…..you know who you are!) Curious for his frequent, detailed posts about the UI business. I have learned a lot from you. Thanks for committing your time to post.
Mom1
Posted - 1 week ago
$UI The bottom is in. Buckle up! Has anyone here discovered the podcast “Acquire”? Deep, geeky dives into various amazing companies. I really want to submit the idea of UI to these podcasters!
Curioustock
Posted - 1 week ago
$UI we don’t even have UDM pro Max, WiFi 7 SKUs, or the UDM Fortress firewall and much of WAVE line, or etherlighting (low stock) in this quarter and we’re back to growth.
I expect higher subscriptions to the support, Unifi hosting from Protect to make up for higher SG&A to start improving GM on new expenses as well.
European distributors are only getting Wave products in June according to pre-ordering from big distributors.
we get the tail wind of BEAD funding in Q1 that should push both Unifi/UISP Shipping costs are coming down now and Australian store is going to be added soon. Unifi protect is going to be huge now with large deployment capabilities and them now being competitive with symbology, shaving failover on UDM, UNVR stacking and NAS in beta. I expect a huge new business coming out of that, maybe 1B in revenue over the next 2 years from protect alone. you’re going to see every competitor struggling for the next 24 months while UI takes share - value/performance
TriPragmatist
Posted - 1 week ago
$UI Quote from Pera’s CC (if he had one): “I’m back!” 😜 Pera’s COVID hangover is gone!
More seriously, revenue growth is returning despite an ugly market where customers over ordered and manufacturers thought they were in a huge secular growth market and over built leaving inventory all over the place while customers cut back due to their own excess inventory. In the meantime, Pera over relied upon China, couldn’t get enough product, then over ordered all while moving more toward increasing his TAM by targeting larger enterprises screwing up his balance sheet. This quarter showed not only has Ubiquiti bottomed but it’s on the upswing. We’re back! I expect a nice 📈 over the next couple of years. Buy and hold. 💰
DonCorleone77
Posted - 1 week ago
$UI Ubiquiti reports Q3 EPS $1.28, consensus $1.56 Reports Q3 revenue $493M, consensus $479.64M. The company said, "During the third quarter fiscal 2024, GAAP net income was $76.3 million and non-GAAP net income was $77.6 million. This reflects a decrease in GAAP net income and non-GAAP net income from the comparable prior year period by 22.6% and 22.1%, respectively, primarily driven by lower gross profit, higher operating expenses and higher interest expense. Third quarter fiscal 2024 GAAP earnings per diluted share was $1.26 and non-GAAP earnings per diluted share was $1.28. This reflects a decrease in GAAP and non-GAAP earnings per diluted share from the comparable prior year period of 22.7% and 22.4%, respectively."
Curioustock
Posted - 1 week ago
$UI exactly as I predicted, strong revenue beat/growth in USA/Europe BUT EPS miss as expected as they invest in R&D, Marketing, Support, SG&A. "And incremental excess and obsolete inventory charges" Inventory is down substantially Debt is coming down. This is a great quarter for longer term investors to buy. N. America and Europe grew huge with Enterprise showing excellent sequential growth. Now if this is the worst quarter of the year then I am very happy. Stupid analysts had set the EPS at 1.79 with no room for inventory writedowns or increased R&D + marketing for Enterprise which is ridiculous. I expect EPS to start going up meaningfully however due remember, there will be the UWC costs incurred in the next quarter which is probably around $10M Not sure how the market reacts to this EPS number; but I saw it coming from a mile.
epsguid
Posted - 1 week ago
$UI reported earnings of $1.26, consensus was $1.77 via @eWhispers #epsmiss http://eps.sh/d/ui
Stock_Titan
Posted - 1 week ago
$UI Ubiquiti Inc. Reports Third Quarter Fiscal 2024 Financial Results
https://www.stocktitan.net/news/UI/ubiquiti-inc-reports-third-quarter-fiscal-2024-financial-qd1uy5dr8g0u.html
Curioustock
Posted - 1 week ago
@nUme22 I have a tiny 2024 oct put as a hedge to my $UI long. They are historically a great company but they got distracted by enterprise and leveraged their business at the end of the IT cycle. Unlucky, I hope they don’t fail, but they have a lot of head winds. I won’t be long until they show a profitable quarter and they find an answer to Tarana and Enterprise.