Welcome to our dedicated page for Universal Electrs news (Ticker: UEIC), a resource for investors and traders seeking the latest updates and insights on Universal Electrs stock.
Universal Electronics Inc (UEIC) provides cutting-edge control systems and sensor technologies powering smart home ecosystems and consumer electronics worldwide. This news hub offers investors and industry professionals direct access to official announcements and strategic updates from the connected home technology leader.
Key resources include: Quarterly earnings insights, product innovation releases, partnership developments, and patent filings. Track UEIC's advancements in universal remote controls, wireless security solutions, and IoT integration across home automation markets.
Why monitor this page: Stay informed about UEIC's market positioning through verified financial disclosures and technology milestones. Discover how their intellectual property portfolio shapes industry standards in device connectivity and intelligent sensing.
Bookmark this page for real-time updates on UEIC's global operations, R&D breakthroughs, and collaborations with major AV manufacturers. All content sourced from official channels to ensure reliability for investment research and competitive analysis.
Universal Electronics Inc. (UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, has announced its upcoming second quarter 2024 financial results conference call. The call is scheduled for Thursday, August 8, 2024, at 4:30 p.m. ET. During the call, management will provide a financial and business update and answer questions from participants.
Interested parties can register for the call to receive a dial-in number and unique pin. Additionally, the conference call will be broadcast live on the company's website (www.uei.com), where it will remain available for replay for 90 days.
Universal Electronics Inc. (UEI) reported financial results for the first quarter of 2024, highlighting a shift to climate control and home automation channels, numerous customer wins, and increased gross margins. Despite a decrease in net sales, the company remains optimistic about future growth and profitability. The company reported GAAP net sales of $91.9 million, GAAP gross margins of 28.3%, and a GAAP net loss of $8.6 million for the quarter. UEI's outlook for the second quarter of 2024 expects a range in net sales and a GAAP loss per share. Adjusted Non-GAAP financial metrics were also provided for comparison.
Universal Electronics Inc. (UEI) unveiled its inaugural Sustainability Report, outlining its commitment to environmental, social, and governance standards. The report emphasizes UEI's progress, sustainability goals, and climate scenario analysis. UEI aims to create a sustainable future through responsible practices built on four core pillars: employees, products, communities, and the planet.