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Universal Electronics Inc - $UEIC STOCK NEWS

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

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. (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%
Tags
none
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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%
Tags
none
-
Rhea-AI Summary
Universal Electronics Inc. (UEI) (NASDAQ: UEIC) to attend 26th Annual Needham Growth Conference on January 16 and 19, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.41%
Tags
conferences
Rhea-AI Summary
Universal Electronics Inc. (UEI) (NASDAQ: UEIC) appoints Eric Singer as a new independent director and member of the Compensation Committee, reaffirming its commitment to strong corporate governance and enhancing stockholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
Tags
none
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Rhea-AI Summary
Universal Electronics Inc. (NASDAQ: UEIC) is set to present its latest products and technologies at the 2024 International Consumer Electronics Show in Las Vegas. The company will showcase a range of innovative solutions aimed at simplifying and enhancing the user experience for smart home and entertainment devices. This includes expanded climate control products, smart home hubs, software solutions for entertainment interoperability, sustainable remote controls, growing audio-video accessories, and participation in the CONNECTIONS Summit at CES 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
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none
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Rhea-AI Summary
Universal Electronics Inc. (UEI) (NASDAQ: UEIC) announced that Chairman and CEO Paul Arling and CFO Bryan Hackworth will attend Imperial Capital’s 2023 Security Investor Conference on December 14, 2023. They will present at 12:15 PM PT/ 3:15 PM ET and host one-on-one meetings. Presentation material will be available at www.uei.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
conferences
Rhea-AI Summary
Universal Electronics Inc. (UEI) reported financial results for Q3 2023, with GAAP net sales of $107.1 million and gross margins of 19.1%. The company's Board of Directors also authorized a stock repurchase program for up to 1 million shares. UEI's CFO announced improved operating efficiencies and a reduction in net debt. For Q4 2023, the company expects GAAP net sales to range between $95.0 million and $105.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.57%
Tags
-
Rhea-AI Summary
Universal Electronics Inc. (UEI) has announced the launch of a new thermostat designed for the US market in collaboration with Mitsubishi Electric Trane HVAC US LLC (METUS). The thermostat, developed based on UEI's Comfort Line of Climate Control solutions, features a small form factor, a backlit 2.8" color display, and an intuitively-designed dial knob for temperature control. It offers enhanced humidity control, built-in presence detection, and setpoints for reduced energy usage. The thermostat will be sold exclusively through METUS distributors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.75%
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none
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Rhea-AI Summary
Universal Electronics Inc. to host conference call for Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
conferences earnings
Rhea-AI Summary
Universal Electronics Inc. showcases sustainability solutions at IBC2023, including a battery-free remote control prototype and energy harvesting capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.97%
Tags
none
Universal Electronics Inc

Nasdaq:UEIC

UEIC Rankings

UEIC Stock Data

162.81M
9.14M
17.27%
67.38%
0.84%
Audio and Video Equipment Manufacturing
Manufacturing
Link
United States of America
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.