Ubiquiti Stock Soars 30% After Record Quarter – Wi-Fi 7 Fuels Growth Expectations

Revenue growth of nearly 50% and an earnings jump of 156% have investors cheering. New Wi-Fi 7 products and increasing market shares make Ubiquiti a top pick in the networking sector. Ubiquiti Inc., founded in 2003 by former Apple engineer Robert Pera, has transformed from a niche player to a global heavyweight in the networking market over two decades – boasting high profitability and rapid innovation pace. Business model: efficiency as a success factor The business relies on two pillars: Enterprise Technology and Service Provider...