Universal Electronics (UEIC) Tops Q3 EPS by 1c, Revenues Miss; Offers 4Q EPS/Revenue Guidance

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Go back to Universal Electronics (UEIC) Tops Q3 EPS by 1c, Revenues Miss; Offers 4Q EPS/Revenue Guidance

Universal Electronics Reports Financial Results for the Third Quarter 2020

November 5, 2020 4:05 PM EST

- Guides for Record Profitability in Q4 2020 -

- Board Authorizes Stock Repurchase Program for Up to 500,000 Shares -

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and nine months ended September 30, 2020.

Our strategies to develop differentiated advanced products, license technology, expand our margins and improve our profitability continue to successfully build upon our foundation for sustainable growth, said Paul Arling, UEIs chairman and CEO. In fact, our adjusted non-GAAP... More