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Universal Electronics Inc. - UEIC STOCK NEWS

Welcome to our dedicated news page for Universal Electronics (Ticker: UEIC), a resource for investors and traders seeking the latest updates and insights on Universal Electronics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Universal Electronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Universal Electronics's position in the market.

Rhea-AI Summary
Universal Electronics Inc. (UEI) will host a conference call on May 2, 2024, to discuss its first quarter 2024 financial results. The call will provide a financial and business update, with a live broadcast available on www.uei.com for replay for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
conferences earnings
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Rhea-AI Summary
Universal Electronics Inc. (UEI) to attend Sidoti Small-Cap Conference on March 13-14, 2024. Chairman and CEO Paul Arling and CFO Bryan Hackworth to present. Webcast available on www.uei.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
conferences
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Rhea-AI Summary
Universal Electronics Inc. (UEI) reports financial results for Q4 and full year 2023, highlighting growth in home automation and climate control sectors. The company plans to continue its share repurchase program and pursue legal action against Roku for patent infringement. Financially, UEI saw a decline in net sales and gross margins for both Q4 and full year 2023, with a significant non-cash charge impacting GAAP operating income and net income. The company expects a range of net sales and loss per share for Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
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Rhea-AI Summary
Universal Electronics Inc. (UEI) will host a conference call to discuss its fourth quarter and full year 2023 financial results. The call will be held on Thursday, February 15, 2024, at 4:30 p.m. ET and will provide a financial and business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
conferences earnings
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Rhea-AI Summary
Universal Electronics Inc. (UEI) has announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling by the U.S. International Trade Commission, which banned the importation and sale of various streaming products by Roku, Inc. that infringe UEI’s patent. The ruling confirms that Roku will not be able to import or sell any infringing products in the United States until UEI's key patent expires in 2032. This decision paves the way for UEI to return to the U.S. District Court and collect money damages for the infringing activities of Roku and its TV partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.57%
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none
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Rhea-AI Summary
Universal Electronics Inc. (NASDAQ: UEIC) announced the release of its latest QuickSet® solution, expanding content discovery, control, and interaction across millions of devices and households. The new QuickSet Cloud feature increases user engagement, supports Matter smart homes, integrates across UEI's new product portfolio, and delivers better end-user support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.97%
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none
Rhea-AI Summary
Universal Electronics Inc. (NASDAQ: UEIC) announced its family of UEI Butler™ Smart Home Control Hubs at the Consumer Electronics Show. The products, powered by QuickSet® Cloud, enable Discovery, Control and Interaction across connected devices in the home to create smarter living. The hubs bring interoperability covering a wide range of wireless protocols including legacy IR, Zigbee, Bluetooth, and IP devices as well as the fast-growing Matter-compatible device category. UEI's QuickSet Cloud Enhancement leverages powerful device discovery and configuration abilities, working with any Zigbee-enabled nodes or UEI-developed sensors with complete rule-based automation and scene creation features. The UEI Butler Family of Smart Hubs Lineup includes Nevo Butler Entertainment Companion, Butler Zigbee Hub, Butler Matter Bridge, and Butler Smart Hub, offering a comprehensive range of smart home control solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
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none
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Rhea-AI Summary
Universal Electronics Inc. (NASDAQ: UEIC) enables whole home control inside its TIDE line of smart thermostats, transforming them into a smart home dashboard. The company's innovation offers expanded convenience and utility for climate control devices, addressing legacy and new devices to create a personalized experience in any smart home. The smart thermostats can operate as the primary 'always-on screen' in the home, providing a control interface for home devices and services. Powered by UEI's QuickSet Cloud, it blends smart home and entertainment control across UEI's full line of TIDE Family of products, including UEI TIDE Dial and UEI TIDE Touch.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.82%
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none
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Rhea-AI Summary
Universal Electronics Inc. (NASDAQ: UEIC) introduces four new products and two new accessories at the 2024 International Consumer Electronics Show. The new products include TIDE Dial M, TIDE Dial M with Scene Controller Pack, TIDE Bridge+, and TIDE Bridge+IAQ, along with Smart TRV and C-wire adapter accessories. These offerings aim to address major industry and consumer pain points and provide an all-in-one smart home control service, expanding the UEI TIDE climate control family's portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.07%
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none
Rhea-AI Summary
Universal Electronics Inc. (NASDAQ: UEIC) presents its latest products and technologies at the 2024 International Consumer Electronics Show. The company showcases a broad range of climate control products, smart home hubs, software solutions for smart home and entertainment interoperability, sustainable remote controls, and audio video accessories. UEI also sponsors the CONNECTIONS SUMMIT at CES 2024, emphasizing its commitment to sustainability and efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.07%
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none
Universal Electronics Inc.

Nasdaq:UEIC

UEIC Rankings

UEIC Stock Data

129.29M
9.14M
17.27%
67.38%
0.84%
Audio and Video Equipment Manufacturing
Manufacturing
Link
US
Scottsdale

About UEIC

universal electronics inc. (nasdaq: ueic) is the worldwide leader in universal control and sensing technologies for the smart home. its broad portfolio of over 300 pending and current patents includes the world’s most complete database to connect and control thousands of entertainment viewing devices. the company designs, develops, manufactures and ships over 500 innovative products that are used by the world’s leading brands in the audio video, subscription broadcasting, connected home, tablet and smart phone markets. with a global network of design and development services, uei’s many first-to-market innovations have helped transform the home entertainment control industry over the past 25 years. in 2015, it expanded its product and technology platform to include home automation, intelligent sensing and security.