Universal Electronics (UEIC) Misses Q1 EPS by 19c

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Go back to Universal Electronics (UEIC) Misses Q1 EPS by 19c

Universal Electronics Reports Financial Results for the First Quarter 2024

May 2, 2024 4:05 PM EDT

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three months ended March 31, 2024.

Focused on building for a better future and expanding our end market reach, we continue to shift sales and product development resources to our climate control and home automation channels, said UEI Chairman and CEO Paul Arling. We are very encouraged by numerous customer wins and are confident that there are many more to come. We now have won projects with six of the top ten HVAC equipment manufacturers worldwide. We have and will... More