Ubiquity Networks should remain frugal and disruptive, but investors may face a roller coaster.
Ubiquiti posted a strong start for fiscal 2017 with revenue soaring above our expectations due to a strong demand in both Enterprise and Service Provider segments. The sales growth of the airMax AC product line and UniFi access points were the key revenue drivers this quarter. We think a newly released AmpliFi product line for consumer Wi-Fi market should see a good level of demand as the company’s CEO Robert Pera cites slow ramp up in manufacturing and quality assurance issues. Overall, the com...Ubiquiti Networks is engaged in providing portfolio of networking products and solutions for operator-owners of wireless internet services (WISP's), enterprises and smart homes. The company's operator-owner service provider product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems and routing and the related software for WISP's to control, track and bill their customers. The company's enterprise product platforms provide wireless LAN (WLAN) infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products along with a software platform.
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