Universal Electronics

Universal Electronics, Inc. engages in the design, development, and trade of control and sensor technology solutions. Its products include one for all retail accessories, tablets and smartphones, and consumer electronics OEM. The firm's services include design, global manufacturing, and outsourced call center services. Its brands include QuickSet Cloud, Nevo, One For All, Ecolink, and RCS Technology. The company was founded on November 21, 1986 and is headquartered in Scottsdale, AZ.

Earnings data Q4 2020

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Earnings data Q1 2024

Earnings data Q2 2024

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Universal Electronics reports Q4 challenges, outlines growth strategies for 2023

Universal Electronics (UEI) navigated challenges in Q4 2022 with a focus on innovation and strategic growth initiatives. Despite lower net sales and manufacturing inefficiencies, UEI remains resilient and aims for long-term success.

Universal Electronics (UEIC) meets Q1 guidance, focuses on connected home growth

Universal Electronics (UEIC) reported meeting Q1 2023 guidance for net sales and earnings but falling short of long-term financial performance standards. Despite challenges in home entertainment and consumer electronics channels, the company highlighted growth in the connected home market and new product development wins in the HVAC sector. UEIC aims to optimize its manufacturing footprint and leverage innovation and customer relationships to drive future growth and profitability.

Universal Electronics reports Q2 loss but anticipates Q3 improvement

Universal Electronics (UEIC) navigated challenges in Q2 2023 with a focus on market diversification and success in the connected home segment. Despite recording a net loss, the company anticipates improved performance in Q3 2023 and remains confident in its growth prospects.

Universal Electronics reports resilient Q3 performance and eyes climate control growth

UEI's Q3 performance reflects resilience and strategic focus amidst market challenges, with net sales of $107.1 million and a stock repurchase plan.
The company's strengths lie in technology leadership, market adaptability, and a strong position in high-growth markets like climate control.
Challenges include market declines in home entertainment, operational optimization, revenue target achievement, and EPS variability in Q4 2023.
Opportunities abound in the climate control market expansion, revenue growth potential, brand visibility enhancement, and promising project pipeline.

Universal Electronics reports strong Q4 sales, eyes growth in home automation

UEIC's Q4 performance showed solid sales and profitability, with a focus on new technologies.
Despite challenges in traditional markets, UEIC is strategically positioned for growth in connected home sectors.
The company's emphasis on innovation and market expansion underscores a commitment to long-term success.
UEIC's proactive approach to addressing challenges and seizing opportunities bodes well for future performance.

Universal Electronics (UEIC) excels in Q1 2024, poised for growth in connected home market

Universal Electronics (UEIC) delivered strong Q1 2024 results, showcasing growth in sales and profitability driven by its focus on the connected home market. With a robust portfolio of connectivity solutions, strategic partnerships, and a positive outlook for 2024, UEI is well-positioned for continued success and innovation in the smart home industry.

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Universal Electronics (UEIC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Universal Electronics (UEIC) Soars 8.5%: Is Further Upside Left in the Stock?

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #InvestorRelations--Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on September 18-19, 2024.

Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on September 18-19, 2024

As seen with its recent post-earnings plunge, investors remain skeptical about a Universal Electronics comeback. However, the latest results suggest that UEIC's turnaround is starting to take shape. There may be other potential catalysts at play as well. Add in other positives, like the stock's wide discount to book value, and it's clear that the risk/reward proposition with UEIC stock is tilted in your favor at current prices.

Universal Electronics Stock: Buy This Turnaround Story After The Recent Dip

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #RBA--Universal Electronics (NASDAQ: UEIC) successfully completed the RBA Validated Assessment Program (VAP) audit at its facility in Vietnam.

Universal Electronics Inc. Successfully Completes RBA VAP Audit

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.

Universal Electronics Inc. (UEIC) Q2 2024 Earnings Call Transcript

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.

Universal Electronics (UEIC) Reports Q2 Loss, Lags Revenue Estimates

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--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, even though some quarter-end orders were pushed out and shipped in early th.

Universal Electronics Reports Financial Results for the Second Quarter 2024

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics to Host Q2 2024 Financial Results Conference Call on Aug. 8, 2024 @ 1:30 pm pt / 4:30 pm et.

Universal Electronics Inc. to Host Second Quarter 2024 Financial Results Conference Call on August 8th

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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 Financial Results Conference Call.

Universal Electronics Inc. (UEIC) Q1 2024 Earnings Call Transcript

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--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 wins and are confident that there are many more to come. We now have.

Universal Electronics Reports Financial Results for the First Quarter 2024

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, announced it released its first-ever Sustainability Report for the calendar year ended 2023 detailing its commitment to environmental, social, and governance standards. The comprehensive report highlights the company's progress, sustainability materiality assessment, climate scenario analysis and future sust.

Universal Electronics Unveils Inaugural Sustainability Report

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, May 2, 2024, to discuss its first quarter 2024 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a uni.

Universal Electronics Inc. to Host First Quarter 2024 Financial Results Conference Call on May 2nd

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, announced that Chairman and Chief Executive Officer Paul Arling and Chief Financial Officer Bryan Hackworth are scheduled to virtually attend the Sidoti Small-Cap Conference on Wednesday and Thursday, March 13-14, 2024. Management will present on Thursday, March 14, 2024 at 10:00 AM PT/ 1:00 PM ET, and host.

Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on March 13-14, 2024

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Universal Electronics Inc. (UEIC) Q4 2023 Earnings Call Transcript

Universal Electronics (UEIC) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.44 per share a year ago.

Universal Electronics (UEIC) Tops Q4 Earnings and Revenue Estimates

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and twelve months ended December 31, 2023. Paul Arling, UEI's chairman and CEO, said, “We are building for a better future. During 2023, we successfully advanced our transformation, increasing our focus in growth areas such as home automation and climate control. We are executing our efficiency initiatives, and our strong gross margins delivered better than expected earn.

Universal Electronics Reports Fourth Quarter and Year-End 2023 Financial Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, February 15, 2024, to discuss its fourth quarter and full year 2023 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dia.

Universal Electronics Inc. to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call on February 15th

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. (“UEI”) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, today announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling by the U.S. International Trade Commission (“ITC” or the “Commission”), which banned the importation and sale of various streaming products by Roku, Inc. (“Roku”) that infringe UEI's patent. The appellate cou.

Universal Electronics Announces U.S. Court of Appeals Affirms Ban on Import and Sale of Roku Infringing Products

LAS VEGAS--(BUSINESS WIRE)---- $UEIC #CE--Universal Electronics Inc. (NASDAQ: UEIC), the worldwide leader in universal control technology for smart home and entertainment devices, announced the release of its latest QuickSet® solution, which now expands content discovery, control and interaction across millions of devices and households. QuickSet Increases User-Engagement QuickSet Cloud is now discovering more devices than ever ranging from entertainment devices to other smart home device categories across m.

UEI Announces QuickSet® Software Expansion for Better Entertainment and Increased Engagement through Personalization

LAS VEGAS--(BUSINESS WIRE)---- $UEIC #CES2024--Universal Electronics Inc. (NASDAQ: UEIC), the worldwide leader in universal control technology for smart home and entertainment devices, announced its family of UEI Butler™ Smart Home Control Hubs at the Consumer Electronics Show. The products are on display at UEI's booth #52023 at the Smart Home Pavilion at the Venetian. The products, powered by QuickSet® Cloud, align with UEI's product and technology strategy to enable Discovery, Control and Interaction across di.

UEI Announces a Better Smart Home Control Experience with a Complete Line-Up of White Label Smart Home Hubs & Sensors

LAS VEGAS--(BUSINESS WIRE)---- $UEIC #CES2024--Universal Electronics Inc. (NASDAQ: UEIC), the worldwide leader in universal control technology for smart home and entertainment devices, announced that it is enabling whole home control inside its TIDE® line of smart thermostats. This latest innovation in expanded convenience and utility for climate control devices will be demonstrated at UEI's booth #52023 in the Smart Home Pavilion at the Venetian Expo at the 2024 International Consumer Electronics Show. Smart the.

UEI Introduces Nevo® on TIDE™ Smart Thermostat Family to Create a Whole Home Controller Platform

Sales have decreased significantly since 2020 and are expected to decline again in 2024. Profit margins are currently depressed due to lower volumes and inflationary pressures. The company now plans to expand its presence in the HVAC industry to replace lost sales in the video services industry.

News for Universal Electronics Stock (UEIC)