Universal Electronics (UEIC) Reports In-Line Q2 EPS; Offers 3Q EPS/Revenue Outlook Above Consenus

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Universal Electronics Reports Second Quarter 2018 Financial Results

August 2, 2018 4:06 PM EDT

SANTA ANA, Calif.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2018.

Paul Arling, UEI's chairman and CEO, stated, As the leader in wireless universal control and sensing, we continue to create long-term growth opportunities in audio-video as well as home automation. The connected home has arrived, and the adoption of advanced, intuitive 2-way home entertainment systems enabling one-touch view and connected voice in the home has begun and will soon become the standard. The road to success is never smooth,... More