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 Q1 2021

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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.

Universal Electronics (UEIC) posts robust Q3 results, eyes growth in connected home

Universal Electronics (UEIC) delivered strong financial results in Q3 2024, with a focus on growth in the Connected Home market and strategic partnerships in climate control. While facing challenges in managing manufacturing costs, UEIC is poised to capitalize on opportunities for revenue growth in 2025.

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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.

Universal Electronics: A High-Risk/High-Reward Turnaround Play

LAS VEGAS--(BUSINESS WIRE)---- $UEIC #CES2024--Universal Electronics Inc. (NASDAQ: UEIC), the worldwide leader in universal control technology for smart home and entertainment devices announces four new products: TIDE Dial M, TIDE Dial M with Scene Controller Pack, TIDE Bridge+ and TIDE Bridge+IAQ in addition to the Smart TRV and C-wire adapter accessories. UEI will provide a sneak-peak of their new line-up at their booth #52023 in the Smart Home Pavilion in the Venetian, at the 2024 International Consumer Electr.

UEI Announces Major Expansion to the UEI TIDE™ Family of Smart Thermostats

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 26th Annual Needham Growth Conference on Tuesday, January 16 and Friday, January 19, 2024. Management will present on Tuesday, January 16, 2024 at 12:45 PM PT/ 3:4.

Universal Electronics Inc. to Participate in the 26th Annual Needham Growth Conference

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics Inc. (the “Company” or “UEI”) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, today announced that it has entered into a cooperation agreement (the “Agreement”) with Immersion Corporation (“Immersion”) and certain of its affiliates. Under the terms of the Agreement, the Company's board of directors (the “Board”) has appointed Eric Singer, President, Chief Executive.

Universal Electronics Inc. Announces Cooperation Agreement with Immersion Corporation

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 attend Imperial Capital's 2023 Security Investor Conference on Thursday, December 14, 2023. Management will present on Thursday, December 14, 2023 at 12:15 PM PT/ 3:15 PM ET, and host.

Universal Electronics Inc. to Participate in the 20th Annual Imperial Capital Security Investor Conference

Universal Electronics Inc. (NASDAQ:UEIC ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Kirsten Chapman - MD/Principal SF, LHA, IR Paul Arling - Chairman & CEO Bryan Hackworth - CFO Conference Call Participants Steve Franco - Rosenblatt Securities Greg Burns - Sidoti Operator Good day, and thank you for standing by. Welcome to the Universal Electronics Third Quarter 2023 Financial Results Conference Call.

Universal Electronics Inc. (UEIC) Q2 2023 Earnings Call Transcript

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three and nine months ended September 30, 2023. Also, the Company's Board of Directors authorized a stock repurchase program for up to one million shares. Paul Arling, UEI's chairman and CEO, said, “During the third quarter of 2023, we increased gross margin to a high for the year and managed costs to deliver bottom-line results within expectations. Our technology and innovatio.

Universal Electronics Reports Financial Results for the Third Quarter 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #HVAC--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, announces its launch of a new thermostat designed for the US market. This thermostat has been developed with input from Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems. The product,.

Universal Electronics Introduces a New Climate Control Thermostat for the US Market

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. to Host Third Quarter 2023 Financial Results Conference Call on November 2nd.

Universal Electronics Inc. to Host Third Quarter 2023 Financial Results Conference Call on November 2nd

AMSTERDAM--(BUSINESS WIRE)---- $UEIC #IBC--Universal Electronics Inc. (NASDAQ: UEIC): WHO: Universal Electronics Inc. (NASDAQ: UEIC), the worldwide leader in sensing and control technology for entertainment and smart home devices is showcasing several exciting products and technology solutions aimed at reducing the number of disposable batteries that end up in landfills every year. WHAT: The company will display: SUSTAINABILITY SOLUTIONS Next-Generation Sustainable Remote – battery-free remote-control prototy.

UEI Unveils Environmentally Sustainable Products and Solutions at IBC 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on September 20-21, 2023.

Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on September 20-21, 2023

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 attend Rosenblatt's 3rd Annual Technology Summit being held virtually on Tuesday, August 22, 2023. Management will host a fireside chat on Tuesday, August 22, 2023 at 11:00am PT/ 2:00p.

Universal Electronics Inc. to Participate in Rosenblatt's 3rd Annual Technology Summit on Tuesday, August 22, 2023

Universal Electronics (UEIC) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to earnings of $0.66 per share a year ago.

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

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Reports Financial Results for the Second Quarter 2023.

Universal Electronics Reports Financial Results for the Second Quarter 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #Q22023--Universal Electronics will host a conference call at 4:30 p.m. ET on Thursday, August 3, 2023, to discuss its second quarter 2023 financial results.

Universal Electronics Inc. to Host Second Quarter 2023 Financial Results Conference Call on August 3rd

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. to Participate in the B. Riley 23rd Annual Institutional Investor Conference on Wednesday, May 24, 2023.

Universal Electronics Inc. to Participate in the B. Riley 23rd Annual Institutional Investor Conference on Wednesday, May 24, 2023

Universal Electronics Inc. (NASDAQ:UEIC ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Kirsten Chapman - LHA Investor Relations Paul Arling - Chairman and CEO Bryan Hackworth - Senior Vice President and CFO Conference Call Participants Gregory Burns - Sidoti & Co LLC Brian Ruttenbur - Imperial Capital, LLC Operator Good day, and thank you for standing by. Welcome to the Universal Electronics First Quarter 2023 Financial Results Conference Call.

Universal Electronics Inc. (UEIC) Q1 2023 Earnings Call Transcript

Universal Electronics (UEIC) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to earnings of $0.47 per share a year ago.

Universal Electronics (UEIC) Reports Q1 Loss, Tops Revenue Estimates

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three months ended March 31, 2023. “For the first quarter of 2023, we performed well versus our expectations; however, we still have a lot of work to do,” said Paul Arling, UEI's chairman and CEO. “Business conditions are difficult now, as our subscription broadcasting customers have suffered continued subscriber declines and our consumer electronics customers have experienced.

Universal Electronics Reports Financial Results for the First Quarter 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. will host a conference call at 4:30 p.m. ET on Thursday, May 4, 2023, to discuss its first quarter 2023 financial results.

Universal Electronics Inc. to Host First Quarter 2023 Financial Results Conference Call on May 4th

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 22 - 23, 2023.

Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on Wednesday, March 22-23, 2023

Universal Electronics Inc. (NASDAQ:UEIC ) Q4 2022 Earnings Conference Call February 16, 2023 4:30 PM ET Company Participants Kirsten Chapman - Investor Relations Paul Arling - Chairman & Chief Executive Officer Bryan Hackworth - Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Operator Good day, and thank you for standing by. Welcome to the Universal Electronics Fourth Quarter 2022 Financial Results Conference Call.

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