Results for: UI

Ubiquiti Inc. (UI) reported lower-than-expected fourth-quarter revenue, leading to a decline in its share price in pre-market trading. Despite increased revenue from the Enterprise Technology platform, the company faced a decline in Service Provider Technology revenue and higher shipping costs, resulting in a drop in gross profit margin. However, Ubiquiti exceeded adjusted earnings per share estimates and declared a quarterly dividend of $0.60.

Apple continues to improve the built-in flashlight experience in iOS 18, with the latest beta update introducing visual enhancements to the flashlight interface for better clarity and user-friendliness. These changes, while minor, demonstrate Apple’s commitment to enhancing a feature that has been around since 2013.