Universal Electronics (UEIC) Tops Q1 EPS by 2c, Offers Q2 Guidance

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Universal Electronics Reports First Quarter 2017 Financial Results

May 4, 2017 4:05 PM EDT

- Increases Q117 net sales by 7% and EPS by 30% over Q116

- Expands lineup of connected home control products with acquisition of RCS Technologies -

SANTA ANA, Calif.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three months ended March 31, 2017.

Paul Arling, UEI's Chairman and CEO stated, 2017 is off to a strong start. The continued rollout of advanced remote control technologies and the proliferation of connected devices supported continued strength in our subscription broadcasting, consumer electronics OEM and wireless home security... More