Universal Electronics (UEIC) Reports In-Line Q1 EPS

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Universal Electronics Reports Financial Results for the First Quarter 2022

May 5, 2022 4:05 PM EDT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three months ended March 31, 2022.

Over our 35-year history, UEI has nurtured a culture of innovation, developed award-winning, patented technology, and built a strong financial foundation to support the company through times of challenges and of growth, said Paul Arling, UEIs chairman and CEO. During the first quarter, we controlled costs; won multiple honors for our home entertainment and automation control solutions, and continued fostering relationships. Notably, we have secured long-lived projects in the HVAC and home... More