Universal Electronics Reports Fourth Quarter and Year-End 2023 Financial Results
Universal Electronics Inc. (UEIC)
Last universal electronics inc. earnings: 2/20 04:05 pm
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uei.com/investor-relations
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Source: Business Wire
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--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 earnings per share for the fourth quarter of 2023. We believe a more efficient factory footprint coupled with project wins in the connected home channels will generate earnings growth and full year profitability. Confident in our strategy and long-term growth, we plan to continue our share repurchase program.“Furthermore, our intellectual property is being recognized. In January 2024, the U.S. Court of Appeals for the Federal Circuit affirmed a prior ruling by the U.S. International Trade Commiss
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UEIC
News
- Is Now An Opportune Moment To Examine Universal Electronics Inc. (NASDAQ:UEIC)? [Yahoo! Finance]Yahoo! Finance
- Universal Electronics Inc. (NASDAQ: UEIC) had its "neutral" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $15.00 price target on the stock.MarketBeat
- Universal Electronics: Q1 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Universal Electronics Reports Financial Results for the First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Universal Electronics Reports Financial Results for the First Quarter 2024Business Wire
UEIC
Earnings
- 5/2/24 - Beat
UEIC
Sec Filings
- 5/2/24 - Form 8-K
- 4/25/24 - Form DEF
- 4/2/24 - Form 4
- UEIC's page on the SEC website