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Universal Electronics Inc (UEIC.OQ)

UEIC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Universal Electronics Reports Q4 Adjusted Earnings Per Share $0.60
Thursday, 22 Feb 2018 04:05pm EST 

Feb 22 (Reuters) - Universal Electronics Inc ::UNIVERSAL ELECTRONICS REPORTS FOURTH QUARTER AND YEAR-END 2017 FINANCIAL RESULTS.SEES Q1 2018 GAAP EARNINGS PER SHARE $0.13 TO $0.23.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.60.Q4 GAAP LOSS PER SHARE $1.19.SEES Q1 2018 SALES $169 MILLION TO $177 MILLION.SEES Q1 2018 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.60 TO $0.70.Q4 SALES $181.2 MILLION VERSUS $160.5 MILLION.Q4 EARNINGS PER SHARE VIEW $0.60, REVENUE VIEW $175.4 MILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.66, REVENUE VIEW $171.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Universal Electronics posts Q3 adj. earnings $0.81/shr
Thursday, 2 Nov 2017 04:05pm EDT 

Nov 2 (Reuters) - Universal Electronics Inc :Universal Electronics reports third quarter 2017 financial results.Sees Q4 2017 GAAP earnings per share $0.07 to $0.17.Q3 adjusted non-GAAP earnings per share $0.81.Q3 GAAP earnings per share $0.12.Sees Q4 2017 sales $172 million to $180 million.Q3 sales $175.7 million versus I/B/E/S view $182.3 million.Sees Q4 2017 adjusted non-GAAP earnings per share $0.55 to $0.65.Q3 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.86, revenue view $175.9 million -- Thomson Reuters I/B/E/S.  Full Article

Universal Electronics Inc says ‍on Oct. 27, co entered into second amended, restated credit agreement
Thursday, 2 Nov 2017 12:05pm EDT 

Nov 2 (Reuters) - Universal Electronics Inc :Universal Electronics Inc - ‍on October 27, 2017, co entered into a second amended and restated credit agreement - SEC filing​.Universal Electronics Inc - ‍under second amended credit agreement, existing revolving credit line was increased from $125.0 million to $170.0 million​.  Full Article

Universal Electronics reports Q1 adjusted earnings per share $0.65
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Universal Electronics Inc :Universal electronics reports first quarter 2017 financial results.Sees Q2 2017 GAAP earnings per share $0.31 to $0.41.Q1 adjusted non-GAAP earnings per share $0.65.Q1 GAAP earnings per share $0.01.Sees Q2 2017 sales $171 million to $179 million.Sees Q2 2017 adjusted non-GAAP earnings per share $0.72 to $0.82.Q1 sales $161.4 million versus i/b/e/s view $158.6 million.Q1 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.Universal Electronics Inc says expect average annual sales growth of 5% to 10% and average earnings per share growth of 10% to 20%.Universal Electronics -in Q2 of 2017, expects to record between $0.8 million and $1.0 million of severance payments associated with closure of southern china factory.Universal Electronics Inc says for Q2 of 2017, company expects adjusted non-GAAP net sales to range between $172 million and $180 million.Q2 earnings per share view $0.92, revenue view $181.8 million -- Thomson Reuters I/B/E/S.  Full Article

Universal Electronics to buy RCS Technology
Thursday, 4 May 2017 08:00am EDT 

May 4 (Reuters) - Universal Electronics Inc :Universal electronics to acquire rcs technology, expanding its lineup of iot, energy monitoring and control products.Universal electronics inc - purchase price for acquisition of rcs assets will be approximately $9 million in cash plus incentive-based cash consideration.Universal electronics inc - intends to operate acquired business as a wholly-owned subsidiary.  Full Article

Universal Electronics Q4 adjusted EPS $0.70
Thursday, 16 Feb 2017 04:05pm EST 

Universal Electronics Inc : Universal Electronics reports fourth quarter and year-end 2016 financial results . Sees Q1 2017 gaap loss per share $0.06 to $0.16 . Q4 adjusted non-gaap earnings per share $0.70 . Q4 gaap earnings per share $0.22 . Sees q1 2017 sales $154 million to $162 million . Q4 sales $160.5 million versus I/B/E/S view $164.4 million . Sees Q1 2017 adjusted non-gaap earnings per share $0.57 to $0.67 . Q4 earnings per share view $0.70 -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.60, revenue view $156.7 million -- Thomson Reuters I/B/E/S . Universal Electronics Inc says in Q1 of 2017, company expects to record between $6 million and $7 million of severance payments . Universal Electronics Inc - for Q1 of 2017, company expects adjusted non-gaap net sales to range between $155 million and $163 million .Universal Electronics Inc - for q1 of 2017, company expects gaap net sales to range between $154.0 million and $162.0 million,.  Full Article

Universal Electronics' Asia unit signs capital stock sales deal
Friday, 30 Sep 2016 07:05am EDT 

Universal Electronics Inc : Universal Electronics' Asia subsidiary signs capital stock sales agreement . Purchase price will be paid into an escrow account, as specified in agreement . UEI's China-based engineering development and centralized support organizations to transfer to 2 new technology centers . Deal for approximately USD 48 million . Entered into agreement to sell entire ownership interest in Gemstar Technology Co. Ltd. to Guangzhou Junhao Investment Co .In exchange for sale of 100% of capital of stock of Gemstar China, GJI will pay C.G. Development RMB 320 million in cash.  Full Article

Universal Electronics reports Q2 2016 financial results
Thursday, 4 Aug 2016 04:05pm EDT 

Universal Electronics Inc : Q2 adjusted pro forma earnings per share $0.77 . Sees Q3 2016 sales $168 million to $176 million . Q2 earnings per share view $0.77 -- Thomson Reuters I/B/E/S . Universal Electronics reports second quarter 2016 financial results . Sees Q3 2016 GAAP earnings per share $0.61 to $0.71 . Q2 GAAP earnings per share $0.45 . Q2 sales $171 million versus I/B/E/S view $170 million . Q3 earnings per share view $0.97, revenue view $175.7 million -- Thomson Reuters I/B/E/S .Sees Q3 2016 adjusted pro forma earnings per share $0.87 to $0.97.  Full Article

BRIEF-Universal Electronics' Board Authorizes $10 Million Share Buyback Program

* UNIVERSAL ELECTRONICS - ON MAY 11, BOARD AUTHORIZED SHARE BUYBACK PURSUANT TO WHICH CO MAY BUY SHARES FOR PRICE NOT EXCEEDING $10 MILLION UNTIL AUG 2 Source text : [https://bit.ly/2Go8lXE] Further company coverage: