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Universal Electronics(UEIC) - 2024 Q3 - Quarterly Results
2024-11-07 21:05
Exhibit 99 Universal Electronics Reports Financial Results for the Third Quarter 2024 SCOTTSDALE, AZ – November 7, 2024 – Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three and nine months ended September 30, 2024. "Our customer growth strategy, product development and footprint optimization initiatives are beginning to deliver, as projected," stated UEI Chairman and CEO Paul Arling. "Third quarter 2024 net sales were solidly within guidance; gross profit increased 380 ...
Universal Electronics (UEIC) Soars 8.5%: Is Further Upside Left in the Stock?
ZACKS· 2024-09-16 15:20
Universal Electronics (UEIC) shares ended the last trading session 8.5% higher at $9.29. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.5% loss over the past four weeks. Universal Electronics is benefiting from expanding customer relationships and increasing design wins in the connected home and home entertainment markets. This remote control maker is expected to post quarterly earnings of $0.15 per share in its ...
Universal Electronics(UEIC) - 2024 Q2 - Earnings Call Transcript
2024-08-09 02:41
Universal Electronics Inc. (NASDAQ:UEIC) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Kirsten Chapman - LHA Investor Relations Paul Arling - Chairman & Chief Executive Officer Bryan Hackworth - Chief Financial Officer Conference Call Participants Steven Frankel - Rosenblatt Securities Greg Burns - Sidoti Operator Good day, and thank you for standing by. Welcome to the Universal Electronics Second Quarter 2024 Financial Results Conference Call. At this time, all participant ...
Universal Electronics(UEIC) - 2024 Q2 - Earnings Call Presentation
2024-08-09 01:20
Universal Electronics Inc. Q2 2024 Results as of June 30, 2024 reported on August 8, 2024 SAFE HARBOR STATEMENT This presentation contains "forward-looking statements" within the meaning of federal securities laws, including net sales, profit margin and earnings trends, estimates and assumptions; our expectations about new product introductions; and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees ...
Universal Electronics (UEIC) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-08-08 23:45
Universal Electronics (UEIC) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -125%. A quarter ago, it was expected that this remote control maker would post a loss of $0.24 per share when it actually produced a loss of $0.19, delivering a surprise of 20.83%. Over the last four quarters, the ...
Universal Electronics(UEIC) - 2024 Q2 - Quarterly Report
2024-08-08 21:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________________ FORM 10-Q _______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-21044 _______________________________________ UNIV ...
Universal Electronics(UEIC) - 2024 Q2 - Quarterly Results
2024-08-08 20:04
Exhibit 99 Universal Electronics Reports Financial Results for the Second Quarter 2024 SCOTTSDALE, AZ – August 8, 2024 – Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2024. "Our innovative wireless control solutions and patented technologies continue to capture design wins from major global household brands across all areas of the business," said UEI Chairman and CEO Paul Arling. "Second quarter 2024 net sales were within guidance, eve ...
Universal Electronics(UEIC) - 2024 Q1 - Quarterly Report
2024-05-06 20:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-21044 _______________________________________ UNIVERSAL ELECTRONICS INC. (Exact Name of R ...
Universal Electronics(UEIC) - 2024 Q1 - Earnings Call Transcript
2024-05-05 02:39
Universal Electronics Inc. (NASDAQ:UEIC) Q1 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Kirsten Chapman - LHA Investor Relations Paul Arling - Chief Executive Officer Bryan Hackworth - Chief Financial Officer Conference Call Participants Gregory Burns - Sidoti & Company, LLC Bill Dezellem - Tieton Capital Management Benjamin Alexander - Alexander Capital Management, LLC Operator Good day, and thank you for standing by. Welcome to the Universal Electronics First Quarter 2024 Fin ...
Universal Electronics(UEIC) - 2024 Q1 - Quarterly Results
2024-05-02 20:04
Exhibit 99 Universal Electronics Reports Financial Results for the First Quarter 2024 SCOTTSDALE, AZ – May 2, 2024 – Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three months ended March 31, 2024. "Focused on building for a better future and expanding our end market reach, we continue to shift sales and product development resources to our climate control and home automation channels," said UEI Chairman and CEO Paul Arling. "We are very encouraged by numerous customer w ...