We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Ubiquiti Networks, Inc.
Ubiquiti’s second-quarter fiscal 2016 results surpassed the Zacks Consensus Estimate. Successful product launches, coupled with strength in the Service Provider Technology segment, boosted the company’s results. Also, Ubiquiti’s excellent global business model and cost-scaling initiatives are likely to emerge as long-term growth drivers. The company’s competitively priced network and proprietary network communication platform have been driving significant demand for its products which is supplementing its key financials. Also, the company’s persistent R&D efforts, resulting in innovative product launches, remain a major strength. This apart, the U.S. government’s strong focus on “E-Rate funding” program bodes well for the company in the long term. However, factors like strengthening of the U.S. dollar, rising labor costs and intensifying competition add to the company's concerns.