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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Universal Electronics Inc. (NASDAQ:UEIC ) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Kirsten Chapman – Investor Relations Paul Arling – Chairman and Chief Executive Officer Bryan Hackworth – Chief Financial Officer Conference Call Participants Jeff Van Sinderen – B. Riley Greg Burns – Sidoti and Company Operator Good day and thank you for standing by.

Universal Electronics Inc.'s (UEIC) CEO Paul Arling on Q1 2022 Results - Earnings Call Transcript

Universal Electronics (UEIC) delivered earnings and revenue surprises of 11.90% and 1.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Universal Electronics (UEIC) Q1 Earnings Surpass Estimates

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEI--Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three months ended March 31, 2022. “Over our 35-year history, UEI has nurtured a culture of innovation, developed award-winning, patented technology, and built a strong financial foundation to support the company through times of challenges and of growth,” said Paul Arling, UEI's chairman and CEO. “During the first quarter, we controlled costs; won multiple honors for our home

Universal Electronics Reports Financial Results for the First Quarter 2022

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #CE--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices has announced it has reached key milestones in its continued mission to become a sustainable corporate citizen. With over 100 million wireless products shipped each year, the company understands its responsibility to reduce its environmental footprint and decarbonize its products. Manufacturing Milestone: 15

Universal Electronics Hits Sustainability Milestones in Time for Earth Day

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEI--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 5, 2022, to discuss its first quarter 2022 earnings results. Management will provide a financial and business update as well as answer questions. To access the call in the U.S. please dial 877-843-0414, and for international calls dial 315-625-3071

Universal Electronics Inc. to Host First Quarter 2022 Financial Results Conference Call on May 5th

LAS VEGAS--(BUSINESS WIRE)---- $UEIC #CE--Universal Electronics Inc, the global leader in wireless universal control solutions announced the first certified Z-Wave Long Range Controller.

UEI Announces the First Z-Wave® Long Range Certified IoT Device

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics Inc. to Present at the Sidoti & Company Small Cap Virtual Conference on March 23rd and 24th

Universal Electronics Inc. to Present at the Sidoti & Company Small Cap Virtual Conference on March 23rd and 24th

Universal Electronics Inc. (UEIC) CEO Paul Arling on Q4 2021 Results - Earnings Call Transcript

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #Q4FY21--Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and twelve months ended December 31, 2021. “We remain optimistic regarding our growth prospects for the full year, as significant customer and project wins will begin to ship in the back half of the year, although we foresee a particularly challenging start to 2022,” said Paul Arling, UEI's chairman and CEO. “Supply chain issues and materials shortages continue to have b

Universal Electronics Reports Fourth Quarter and Year-End 2021 Financial Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #Earnings--Universal Electronics Inc. to Host Fourth Quarter and Full Year 2021 Financial Results Conference Call on February 17.

Universal Electronics Inc. to Host Fourth Quarter and Full Year 2021 Financial Results Conference Call on February 17

The company has a good track record of consistent growth. Management is currently buying back shares of the company, at valuations that appears low.

Universal Electronics: One To Be Considered

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #IoT--Vodafone Portugal is launching the Nevo® Butler entertainment and smart home hub from Universal Electronics Inc. (UEI) (NASDAQ: UEIC) to its residential TV and broadband customers. UEI is the global leader in wireless universal control solutions for home entertainment and smart home devices. Nevo Butler is UEI's highly secured, voice-enabled, white label hub that blends entertainment and smart home control experiences for various applications. With far-field

Vodafone Portugal Launches Universal Electronics' Nevo® Butler Hands-Free, Voice-Enabled Entertainment and Smart Home Hub

LAS VEGAS--(BUSINESS WIRE)---- $UEIC #CES2022--Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, has unveiled its new family of QuickSet®-certified connectivity silicon products using Extreme Low-Power, energy-harvesting and high-performance technology, in Las Vegas today at CES® 2022. As the global leader in entertainment and smart home control technologies, UEI is committed to help transition the world toward

Lifetime Battery Solution: UEI Unveils EXTREME LOW POWER Chip platform with Energy Harvesting Capability to Power Advanced TV Remote Controls

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #Conferences--Universal Electronics Inc. to Present at the 24th Annual Needham Virtual Growth Conference on January 13th

Universal Electronics Inc. to Present at the 24th Annual Needham Virtual Growth Conference on January 13th

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, today announced that the United States International Trade Commission (“ITC” or the “Commission”) publicly issued its favorable final determination in UEI's patent infringement case against Roku, Inc. (“Roku”), concluding several Roku products infringe a UEI patent and barring the importation and sale of t

International Trade Commission Bans Import and Sale of Roku Products

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 Bryan Hackworth, Chief Financial Officer, is scheduled to attend Imperial Capital's 2021 Security Investor Conference being held at the InterContinental New York Barclay on December 15th. Management will present at 2:45pm ET on December 15, 2021 and host one-on-one meetings throughout the day.

Universal Electronics Inc. to Present at Imperial Capital's 2021 Security Investor Conference on December 15th

Universal Electronics Inc. (UEIC) CEO Paul Arling on Q3 2021 Results - Earnings Call Transcript

Universal Electronics (UEIC) delivered earnings and revenue surprises of -5.50% and -3.98%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Universal Electronics (UEIC) Misses Q3 Earnings and Revenue Estimates

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #earnings--Universal Electronics Reports Financial Results for the Third Quarter 2021

Universal Electronics Reports Financial Results for the Third Quarter 2021

Universal Electronics (UEIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Universal Electronics (UEIC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #UEIC--Universal Electronics will host a conference call at 4:30 p.m. ET on Thursday, November 4, 2021 to discuss its third quarter 2021 earnings results.

Universal Electronics Inc. to Host Third Quarter 2021 Financial Results Conference Call on November 4

Universal Electronics Inc said on Wednesday it had ended its relationship with a staffing agency that hired Uyghur workers who were transported from China's Xinjiang province to a plant in southern China.

Universal Electronics ended relationship with agency linked to Uyghur workers

MILL VALLEY, Calif.--(BUSINESS WIRE)--Ambient Photonics and Universal Electronics Inc. (UEI) (NASDAQ: UEIC), have entered into a working relationship to significantly reduce the economic and environmental impact of disposable batteries and improve convenience in consumer devices. Embedding Ambient's first-of-its-kind low light energy harvesting photovoltaic (PV) technology into connected devices can eventually eliminate the replacement and labor costs required to replace batteries as well as re

Ambient Photonics and Universal Electronics Inc. Work Together to Bring Sustainable Power to Home Entertainment and Smart Home Devices

CAMPBELL, Calif.--(BUSINESS WIRE)--Atmosic Technologies, an innovator of ultra-low-power wireless platforms for the Internet of Things (IoT), today announced it is working with Universal Electronics Inc. (UEI) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, to develop a range of ultra-low power remote control & smart home products capable of harvesting energy from indoor ambient sources. “Atmosic is proud to deliver th

Atmosic Technologies and Universal Electronics Establish Technology Partnership in Energy Harvesting

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #voiceremotes--Universal Electronics Inc. has begun providing voice-enabled remote controls to Astro in Malaysia for its latest generation Ultra set-top box.

News for Universal Electronics Stock (UEIC)