Universal Electronics (UEIC) Misses Q2 EPS by 1c

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Go back to Universal Electronics (UEIC) Misses Q2 EPS by 1c

Universal Electronics Reports Second Quarter 2015 Financial Results

August 6, 2015 4:05 PM EDT

- Reported net sales of $147.6 million and EPS of $0.67 -

- Signed agreement to acquire the assets of Ecolink Intelligent Technology, Inc. -

SANTA ANA, Calif.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2015.

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 2014 represented the most successful year in... More

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

August 6, 2015 8:57 AM EDT

SANTA ANA, Calif.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) is pleased to announce that it has entered into an agreement to acquire U.S.-based Ecolink Intelligent Technology, Inc. (Ecolink).

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150806005447/en/

We are very excited to bring the Ecolink team under the UEI umbrella. The team at Ecolink has some of the industrys leading... More