May 10, 2018 / 12:37 PM / 2 months ago

BRIEF-Ubiquiti Networks Reports Q3 Non-GAAP EPS Of $1.32

May 10 (Reuters) - Ubiquiti Networks Inc:

* UBIQUITI NETWORKS REPORTS THIRD QUARTER FISCAL 2018 FINANCIAL RESULTS

* Q3 REVENUE $250.4 MILLION VERSUS I/B/E/S VIEW $249.2 MILLION

* Q3 NON-GAAP EARNINGS PER SHARE $1.32

* Q3 EARNINGS PER SHARE VIEW $0.93 -- THOMSON REUTERS I/B/E/S

* INITIATED A NEW $200 MILLION STOCK REPURCHASE PROGRAM

* ON TRACK TO ACHIEVE LOW-END OF REVENUE AND ADJUSTED EARNINGS PER SHARE GUIDANCE PREVIOUSLY PROVIDED FOR YEAR ENDING JUNE 30, 2018

* FY2018 EARNINGS PER SHARE VIEW $3.64, REVENUE VIEW $1.01 BILLION -- THOMSON REUTERS I/B/E/S

* INVENTORY AT END OF QUARTER DECREASED $6.1 MILLION TO $92.8 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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