Ubiquiti: Record Numbers and Short Squeeze Propel the Networking Equipment Manufacturer to All-Time High!

Ubiquiti benefits long-term from the trend towards Wi-Fi 7 and cloud-based network management solutions for SMEs and prosumers with a high-margin business model. Product innovations such as UniFi Drive 4.0 as a backup against ransomware, as well as Unifi U7 Mesh and Cloud Gateway Industrial for Wi-Fi 7 use in harsh environments were presented. With strong demand in the enterprise segment, the second quarter sees record revenue with margin expansion and a growth of 36%. Ubiquiti (UI) specializes in networking technology and cloud management...