Universal Electronics Reports First Quarter 2016 Financial Results
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Universal Electronics (UEIC) Misses Q1 EPS by 4c
May 5, 2016 5:36 PM EDTUniversal Electronics (NASDAQ: UEIC) reported Q1 EPS of $0.50, $0.04 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $151.5 million versus the consensus estimate of $159.59 million.
Paul Arling, UEI's Chairman and CEO, stated, For the first quarter 2016, we reported adjusted pro forma net sales growth of 14% and adjusted pro... More
