Universal Electronics (UEIC) Misses Q2 EPS by 5c, Misses on Revenue
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Universal Electronics Reports Financial Results for the Second Quarter 2024
August 8, 2024 4:06 PM EDTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI) (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2024.
Our innovative wireless control solutions and patented technologies continue to capture design wins from major global household brands across all areas of the business, said UEI Chairman and CEO Paul Arling. Second quarter 2024 net sales were within guidance, even though some quarter-end orders were pushed out and shipped in early third quarter. Our pipeline of new product developments, recent design wins and new project engagements are laying the foundation for... More
