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Stock impact report

Universal Electronics Reports Financial Results for the Second Quarter 2022

Universal Electronics Inc. (UEIC) 
Last universal electronics inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: uei.com/investor-relations
Company Research Source: Business Wire
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2022.“Over the years, our resilient business model, technological innovation, commitment to service and financial discipline have built UEI’s rock-solid foundation,” said Paul Arling, UEI’s chairman and CEO. “This structure, support and strength continues to be the basis for our long-term growth. Leveraging our wireless connectivity advantages, we continue to create new products, solve industry needs, penetrate additional markets and build a better future. In the second quarter, our expansion into smart home automation and HVAC gained momentum, as we garnered new project wins from industry leaders in the smart home arena. These projects typically have long development cycles and even longer product life cycles, which are among the many factors that fuel our confidence in our ability to deliver long-term profitable growth, throug Show less Read more
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