Universal Electronics (UEIC) Misses Q3 EPS by 5c, Offers Q4 Guidance

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Universal Electronics Reports Third Quarter 2015 Financial Results

November 5, 2015 4:05 PM EST

- Fourth quarter 2015 financial guidance represents all-time highs in both net sales and EPS -

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

Paul Arling, UEI's Chairman and CEO, stated: Our third quarter 2015 net sales represented 9% growth over the same quarter last year. We are just beginning to see the positive impacts of the rollout of advanced remote control technologies, and we anticipate it will continue building into our fourth quarter and beyond... More