Universal Electronics to Acquire Ecolink Intelligent Technology, a Wireless Security, Sensing, and Home Automation Leader

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Go back to Universal Electronics to Acquire Ecolink Intelligent Technology, a Wireless Security, Sensing, and Home Automation Leader

Universal Electronics (UEIC) Misses Q2 EPS by 1c

August 6, 2015 4:13 PM EDT

Universal Electronics (NASDAQ: UEIC) reported Q2 EPS of $0.67, $0.01 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $147.6 million versus the consensus estimate of $147.34 million.

Paul Arling, UEI's Chairman and CEO, stated: Our second quarter financial results were in line with our expectations as we achieved net sales of $147.6 million and EPS of $0.67. It is important to note... More