Universal Electronics (UEIC) Tops Q2 EPS by 6c

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Universal Electronics Reports Financial Results for the Second Quarter 2021

August 5, 2021 4:05 PM EDT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2021.

As we look towards the second half of 2021, we are beginning to see increased demand, which bodes well for our business, said Paul Arling, UEIs chairman and CEO. We are seeing renewed strength in orders for the back half of 2021 on existing platforms and increased adoption of our Apple TV remote for multichannel video programming distributors across the world. We have started shipping launch quantities to our initial MVPD customers with... More